Postcode district

CO16

173 for-sale listings16 to-let listingsWarm market

Median asking price

£275K

Across 173 for-sale listings

Growth, 3 years

-3.5%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

66

Average time on market

Investment overview

Median asking price

£275K

Average £287K, range £18K to £975K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.5%
5 yr-1.4%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Warm

66 days average time on market

Median asking rent

£990/mo

Of 16 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

189

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

Median asking price

£275K

Asking price range

£18K to £975K

Homes analysed

14,347

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £990 a month

HMO

Moderate

Median asking price

£275K

  • Moderate entry price (£275K)
  • 13% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-3.5% a year

  • Prices moving -3.5% a year over 3 years raises resale risk
  • 66 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 173 in CO16.