Postcode district

CB22

123 for-sale listings17 to-let listingsWarm market

Median asking price

£595K

Across 123 for-sale listings

Growth, 3 years

-3.5%

A year, annualised

Gross yield

3.0%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£595K

Average £722K, range £78K to £4.3M

Gross yield

3.0%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-3.5%
5 yr-0.5%
10 yr+1.0%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,475/mo

Of 17 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

140

For sale and to let. Excludes 8 that are not homes or not monthly rents

Median asking price

£595K

Asking price range

£78K to £4.3M

Homes analysed

12,029

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

3.0%

  • Low indicative gross yield of 3.0% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£595K

  • High entry price (£595K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.5% a year

  • Prices moving -3.5% a year over 3 years raises resale risk
  • 65 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 123 in CB22.