Postcode district

WV1

55 for-sale listings25 to-let listingsCool market

Median asking price

£185K

Across 55 for-sale listings

Growth, 3 years

+2.2%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

119

Average time on market

Investment overview

Median asking price

£185K

Average £188K, range £60K to £700K

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.2%
5 yr+3.8%
10 yr+4.7%

% a year, annualised over each horizon

Market heat

Cool

119 days average time on market

Median asking rent

£800/mo

Of 25 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

80

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£185K

Asking price range

£60K to £700K

Homes analysed

9,220

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.2%

  • Indicative gross yield of 5.2% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£185K

  • Low entry price (£185K) keeps conversion costs viable
  • 29% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+2.2% a year

  • Prices rising +2.2% a year over 3 years
  • Slow exits: 119 days average time on market
  • Long-run growth of +4.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 55 in WV1.