Postcode district

CO11

91 for-sale listings9 to-let listingsWarm market

Median asking price

£390K

Across 91 for-sale listings

Growth, 3 years

-3.0%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£390K

Average £434K, range £100K to £1.3M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.0%
5 yr+1.5%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,350/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

100

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

Median asking price

£390K

Asking price range

£100K to £1.3M

Homes analysed

7,335

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£390K

  • High entry price (£390K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.0% a year

  • Prices moving -3.0% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 91 in CO11.