Postcode district

CM4

67 for-sale listings5 to-let listingsCool market

Median asking price

£650K

Across 67 for-sale listings

Growth, 3 years

-3.7%

A year, annualised

Gross yield

8.3%

Indicative, from listing medians

Days on market

113

Average time on market

Investment overview

Median asking price

£650K

Average £910K, range £100K to £4.5M

Gross yield

8.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-3.7%
5 yr+0.6%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Cool

113 days average time on market

Median asking rent

£4,500/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

72

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£650K

Asking price range

£100K to £4.5M

Homes analysed

4,967

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.3%

  • Indicative gross yield of 8.3% from listing medians
  • Median asking rent £5K a month

HMO

Weak

Median asking price

£650K

  • High entry price (£650K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.7% a year

  • Prices moving -3.7% a year over 3 years raises resale risk
  • Slow exits: 113 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 67 in CM4.