Postcode district

CT13

91 for-sale listings6 to-let listingsWarm market

Median asking price

£460K

Across 91 for-sale listings

Growth, 3 years

-1.3%

A year, annualised

Gross yield

2.5%

Indicative, from listing medians

Days on market

125

Average time on market

Investment overview

Median asking price

£460K

Average £568K, range £100K to £1.6M

Gross yield

2.5%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-1.3%
5 yr+1.3%
10 yr+2.2%

% a year, annualised over each horizon

Market heat

Warm

125 days average time on market

Median asking rent

£975/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

97

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£460K

Asking price range

£100K to £1.6M

Homes analysed

4,626

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.5%

  • Low indicative gross yield of 2.5% limits rental returns
  • Median asking rent £975 a month

HMO

Weak

Median asking price

£460K

  • High entry price (£460K) squeezes HMO returns
  • 13% 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
  • Slow exits: 125 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 91 in CT13.