Postcode district

CV23

102 for-sale listings11 to-let listingsWarm market

Median asking price

£370K

Across 102 for-sale listings

Growth, 3 years

-2.4%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

85

Average time on market

Investment overview

Median asking price

£370K

Average £457K, range £120K to £2.6M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.4%
5 yr+1.0%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

£1,250/mo

Of 11 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

113

For sale and to let

Median asking price

£370K

Asking price range

£120K to £2.6M

Homes analysed

13,063

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

£370K

  • High entry price (£370K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.4% a year

  • Prices moving -2.4% a year over 3 years raises resale risk
  • 85 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 102 in CV23.