Postcode district

WR6

124 for-sale listings6 to-let listingsCool market

Median asking price

£497K

Across 124 for-sale listings

Growth, 3 years

+3.7%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

130

Average time on market

Investment overview

Median asking price

£497K

Average £601K, range £35K to £6.3M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.7%
5 yr+3.8%
10 yr+5.8%

% a year, annualised over each horizon

Market heat

Cool

130 days average time on market

Median asking rent

£1,450/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

130

For sale and to let. Excludes 15 that are not homes or not monthly rents

Median asking price

£497K

Asking price range

£35K to £6.3M

Homes analysed

6,407

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£497K

  • High entry price (£497K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+3.7% a year

  • Prices rising +3.7% a year over 3 years
  • Slow exits: 130 days average time on market
  • Long-run growth of +5.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 124 in WR6.