Postcode district

EX13

160 for-sale listings8 to-let listingsWarm market

Median asking price

£325K

Across 160 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

2.9%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£325K

Average £425K, range £80K to £1.9M

Gross yield

2.9%

Weak

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+1.0%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£775/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

168

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£325K

Asking price range

£80K to £1.9M

Homes analysed

6,841

Behind the growth and area averages

For-sale listings equal 2.3% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.9%

  • Low indicative gross yield of 2.9% limits rental returns
  • Median asking rent £775 a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+1.0% a year

  • Prices moving +1.0% a year over 3 years raises resale risk
  • Slow exits: 100 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 160 in EX13.