Postcode district

CT2

127 for-sale listings91 to-let listingsWarm market

Median asking price

£355K

Across 127 for-sale listings

Growth, 3 years

-3.1%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£355K

Average £455K, range £100K to £3.5M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.1%
5 yr+0.3%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,200/mo

Of 91 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

218

For sale and to let

Median asking price

£355K

Asking price range

£100K to £3.5M

Homes analysed

15,997

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£355K

  • High entry price (£355K) squeezes HMO returns
  • 23% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-3.1% a year

  • Prices moving -3.1% 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 127 in CT2.