Postcode district

CR3

156 for-sale listings22 to-let listingsWarm market

Median asking price

£400K

Across 156 for-sale listings

Growth, 3 years

-1.2%

A year, annualised

Gross yield

6.5%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£400K

Average £604K, range £110K to £3.2M

Gross yield

6.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.2%
5 yr+0.2%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£2,150/mo

Of 22 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

178

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

Median asking price

£400K

Asking price range

£110K to £3.2M

Homes analysed

13,804

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.5%

  • Indicative gross yield of 6.5% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.2% a year

  • Prices moving -1.2% a year over 3 years raises resale risk
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 156 in CR3.