Postcode district

CT8

56 for-sale listings7 to-let listingsCool market

Median asking price

£285K

Across 56 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£285K

Average £358K, range £110K to £1.8M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr+0.8%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Cool

97 days average time on market

Median asking rent

£1,000/mo

Of 7 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

63

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

Median asking price

£285K

Asking price range

£110K to £1.8M

Homes analysed

4,074

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£285K

  • Moderate entry price (£285K)
  • 27% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • Slow exits: 97 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 56 in CT8.