Postcode district

CM15

198 for-sale listings12 to-let listingsWarm market

Median asking price

£600K

Across 198 for-sale listings

Growth, 3 years

+3.7%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£600K

Average £686K, range £160K to £2.0M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.7%
5 yr+1.0%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,625/mo

Of 12 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

210

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£600K

Asking price range

£160K to £2.0M

Homes analysed

10,548

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£600K

  • High entry price (£600K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+3.7% a year

  • Prices rising +3.7% a year over 3 years
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 198 in CM15.