Postcode district

CO5

142 for-sale listings10 to-let listingsWarm market

Median asking price

£450K

Across 142 for-sale listings

Growth, 3 years

-1.3%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£450K

Average £521K, range £50K to £1.9M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.3%
5 yr+0.4%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,512/mo

Of 10 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

152

For sale and to let

Median asking price

£450K

Asking price range

£50K to £1.9M

Homes analysed

14,427

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.3% a year

  • Prices moving -1.3% a year over 3 years raises resale risk
  • 65 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 142 in CO5.