Postcode district

CM24

16 for-sale listings3 to-let listingsWarm market

Median asking price

£430K

Across 16 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

86

Average time on market

Investment overview

Median asking price

£430K

Average £532K, range £220K to £1.1M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.5%
5 yr+2.8%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£2,350/mo

Of 3 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

19

For sale and to let

Median asking price

£430K

Asking price range

£220K to £1.1M

Homes analysed

3,722

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in CM24, too few for an indicative yield.

HMO

Weak

Median asking price

£430K

  • High entry price (£430K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 16 in CM24.