Postcode district

CB23

121 for-sale listings22 to-let listingsWarm market

Median asking price

£405K

Across 121 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

61

Average time on market

Investment overview

Median asking price

£405K

Average £457K, range £131K to £1.6M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+2.2%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

61 days average time on market

Median asking rent

£1,400/mo

Of 22 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

143

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

Median asking price

£405K

Asking price range

£131K to £1.6M

Homes analysed

16,354

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£405K

  • High entry price (£405K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • 61 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 121 in CB23.