Postcode district

WR8

84 for-sale listings4 to-let listingsWarm market

Median asking price

£397K

Across 84 for-sale listings

Growth, 3 years

+5.2%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

91

Average time on market

Investment overview

Median asking price

£397K

Average £469K, range £65K to £2.5M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+5.2%
5 yr+1.9%
10 yr+4.6%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£548/mo

Of 4 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

88

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£397K

Asking price range

£65K to £2.5M

Homes analysed

4,294

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in WR8, too few for an indicative yield.

HMO

Weak

Median asking price

£397K

  • High entry price (£397K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+5.2% a year

  • Prices rising +5.2% a year over 3 years
  • Slow exits: 91 days average time on market
  • Long-run growth of +4.6% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 84 in WR8.