Postcode district

CO3

158 for-sale listings16 to-let listingsWarm market

Median asking price

£375K

Across 158 for-sale listings

Growth, 3 years

-2.5%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£375K

Average £378K, range £110K to £995K

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.5%
5 yr+0.5%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£1,200/mo

Of 16 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

174

For sale and to let

Median asking price

£375K

Asking price range

£110K to £995K

Homes analysed

14,850

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.5% a year

  • Prices moving -2.5% 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 158 in CO3.