Property investment stats for Penkridge, West Midlands

• The strong owner-occupier base and high family presence create a stable demand for larger homes, as reflected in the current median asking sale price of a 3-bedroom house at £240,000 and median rent at £1,550.
• Investors seeking steady long-term growth may be encouraged by the three-year capital growth of 13.2% and annualised growth of 4.2%.
• Properties tend to sell quickly, with a median time on market of just 21 days, indicating strong demand and healthy liquidity.

• The private rented sector is very limited, sitting in the 3rd percentile, which may constrain rental market opportunities and make it harder to scale a portfolio.
• Rental yields in the top postcode district are modest at 3.4%, which may not appeal to investors chasing high income returns.
• With a large proportion of older residents (in the 85th percentile for population aged 60+), there could be future shifts in housing demand as demographics evolve.

Penkridge’s housing market looks set to remain stable over the next year, supported by a high proportion of owner-occupiers and families. The strong three-year capital growth of 13.2% suggests resilience, though the lower rental yields of 3.4% mean income investors may need to temper expectations.

Liquidity is likely to stay healthy, with homes currently selling in just 21 days, and affordability remains reasonable at a price-to-income ratio of 5.0. However, the limited size of the private rented sector will continue to shape investment strategies, favouring those focused on capital appreciation rather than rental income. Investors should watch for any demographic shifts, particularly given the area’s ageing population, which could influence future demand patterns.