Postcode district

WR9

117 for-sale listings8 to-let listingsWarm market

Median asking price

£450K

Across 117 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£450K

Average £624K, range £65K to £13.5M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.6%
5 yr+1.7%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£1,425/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

125

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£450K

Asking price range

£65K to £13.5M

Homes analysed

16,185

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • Slow exits: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 117 in WR9.