Postcode district

WV16

46 for-sale listings3 to-let listingsCool market

Median asking price

£440K

Across 46 for-sale listings

Growth, 3 years

+2.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

107

Average time on market

Investment overview

Median asking price

£440K

Average £510K, range £89K to £2.5M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+2.5%
5 yr+0.6%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Cool

107 days average time on market

Median asking rent

£950/mo

Of 3 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

49

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

Median asking price

£440K

Asking price range

£89K to £2.5M

Homes analysed

9,253

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in WV16, too few for an indicative yield.

HMO

Weak

Median asking price

£440K

  • High entry price (£440K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+2.5% a year

  • Prices rising +2.5% a year over 3 years
  • Slow exits: 107 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 46 in WV16.