Postcode district

DE14

87 for-sale listings37 to-let listingsWarm market

Median asking price

£171K

Across 87 for-sale listings

Growth, 3 years

-2.2%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£171K

Average £202K, range £78K to £475K

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-2.2%
5 yr0.0%
10 yr+1.8%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£800/mo

Of 37 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

124

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

Median asking price

£171K

Asking price range

£78K to £475K

Homes analysed

16,252

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£171K

  • Low entry price (£171K) keeps conversion costs viable
  • 31% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-2.2% a year

  • Prices moving -2.2% a year over 3 years raises resale risk
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 87 in DE14.