Postcode district

CM5

84 for-sale listings14 to-let listingsWarm market

Median asking price

£628K

Across 84 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£628K

Average £811K, range £230K to £2.8M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr+0.2%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,750/mo

Of 14 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

98

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£628K

Asking price range

£230K to £2.8M

Homes analysed

5,140

Behind the growth and area averages

For-sale listings equal 1.6% 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

£628K

  • High entry price (£628K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • 83 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 84 in CM5.