Postcode district

CT9

338 for-sale listings65 to-let listingsWarm market

Median asking price

£280K

Across 338 for-sale listings

Growth, 3 years

-1.8%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£280K

Average £335K, range £10K to £1.8M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.8%
5 yr+0.4%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£950/mo

Of 65 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

403

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£280K

Asking price range

£10K to £1.8M

Homes analysed

23,585

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 31% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.8% a year

  • Prices moving -1.8% a year over 3 years raises resale risk
  • 80 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 338 in CT9.