Postcode district

CT3

118 for-sale listings17 to-let listingsWarm market

Median asking price

£388K

Across 118 for-sale listings

Growth, 3 years

-6.2%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£388K

Average £484K, range £90K to £1.4M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-6.2%
5 yr+1.3%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,400/mo

Of 17 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

135

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

Median asking price

£388K

Asking price range

£90K to £1.4M

Homes analysed

9,731

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£388K

  • High entry price (£388K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-6.2% a year

  • Prices moving -6.2% a year over 3 years raises resale risk
  • 83 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 118 in CT3.