Postcode district

DE23

139 for-sale listings37 to-let listingsCool market

Median asking price

£225K

Across 139 for-sale listings

Growth, 3 years

+3.2%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

107

Average time on market

Investment overview

Median asking price

£225K

Average £267K, range £45K to £2.1M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.2%
5 yr+3.0%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Cool

107 days average time on market

Median asking rent

£895/mo

Of 37 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

176

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£225K

Asking price range

£45K to £2.1M

Homes analysed

24,736

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £895 a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 23% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.2% a year

  • Prices rising +3.2% a year over 3 years
  • Slow exits: 107 days average time on market
  • Long-run growth of +4.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 139 in DE23.