Postcode district

DE74

40 for-sale listings8 to-let listingsWarm market

Median asking price

£350K

Across 40 for-sale listings

Growth, 3 years

-2.3%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

112

Average time on market

Investment overview

Median asking price

£350K

Average £421K, range £175K to £1.0M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.3%
5 yr+1.6%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

112 days average time on market

Median asking rent

£1,300/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

48

For sale and to let

Median asking price

£350K

Asking price range

£175K to £1.0M

Homes analysed

6,533

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.3% a year

  • Prices moving -2.3% a year over 3 years raises resale risk
  • Slow exits: 112 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 40 in DE74.