Postcode district

BN22

224 for-sale listings29 to-let listingsWarm market

Median asking price

£280K

Across 224 for-sale listings

Growth, 3 years

-2.3%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£280K

Average £308K, range £90K to £1.4M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-2.3%
5 yr+0.4%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£1,200/mo

Of 29 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

253

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

Median asking price

£280K

Asking price range

£90K to £1.4M

Homes analysed

15,788

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 22% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-2.3% a year

  • Prices moving -2.3% a year over 3 years raises resale risk
  • Slow exits: 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 224 in BN22.