Postcode district

CM21

68 for-sale listings8 to-let listingsWarm market

Median asking price

£500K

Across 68 for-sale listings

Growth, 3 years

-2.6%

A year, annualised

Gross yield

3.1%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£500K

Average £514K, range £100K to £1.3M

Gross yield

3.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.6%
5 yr+2.0%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£1,300/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

76

For sale and to let

Median asking price

£500K

Asking price range

£100K to £1.3M

Homes analysed

5,492

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.1%

  • Moderate indicative gross yield of 3.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£500K

  • High entry price (£500K) squeezes HMO returns
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.6% a year

  • Prices moving -2.6% a year over 3 years raises resale risk
  • 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 68 in CM21.