Postcode district

CM7

209 for-sale listings49 to-let listingsWarm market

Median asking price

£365K

Across 209 for-sale listings

Growth, 3 years

-0.3%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£365K

Average £421K, range £120K to £2.4M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.3%
5 yr+1.3%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£1,425/mo

Of 49 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

258

For sale and to let. Excludes 7 that are not homes or not monthly rents

Median asking price

£365K

Asking price range

£120K to £2.4M

Homes analysed

23,337

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£365K

  • High entry price (£365K) squeezes HMO returns
  • 16% 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
  • 80 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 209 in CM7.