Postcode district

CB11

145 for-sale listings5 to-let listingsWarm market

Median asking price

£535K

Across 145 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

2.7%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£535K

Average £647K, range £100K to £1.9M

Gross yield

2.7%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+0.2%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£1,200/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

150

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

Median asking price

£535K

Asking price range

£100K to £1.9M

Homes analysed

9,092

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.7%

  • Low indicative gross yield of 2.7% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£535K

  • High entry price (£535K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 145 in CB11.