Postcode district

CT15

115 for-sale listings7 to-let listingsWarm market

Median asking price

£465K

Across 115 for-sale listings

Growth, 3 years

-2.7%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£465K

Average £553K, range £3K to £2.8M

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.7%
5 yr+0.5%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£1,700/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

122

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

Median asking price

£465K

Asking price range

£3K to £2.8M

Homes analysed

6,107

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£465K

  • High entry price (£465K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.7% a year

  • Prices moving -2.7% a year over 3 years raises resale risk
  • Slow exits: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 115 in CT15.