Postcode district

CM6

220 for-sale listings31 to-let listingsWarm market

Median asking price

£533K

Across 220 for-sale listings

Growth, 3 years

-0.6%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

81

Average time on market

Investment overview

Median asking price

£533K

Average £630K, range £150K to £3.0M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.6%
5 yr+0.6%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

81 days average time on market

Median asking rent

£1,800/mo

Of 31 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

251

For sale and to let. Excludes 8 that are not homes or not monthly rents

Median asking price

£533K

Asking price range

£150K to £3.0M

Homes analysed

14,321

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£533K

  • High entry price (£533K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.6% a year

  • Prices moving -0.6% a year over 3 years raises resale risk
  • 81 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 220 in CM6.