Postcode district

EX22

138 for-sale listings8 to-let listingsWarm market

Median asking price

£330K

Across 138 for-sale listings

Growth, 3 years

-5.6%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

101

Average time on market

Investment overview

Median asking price

£330K

Average £408K, range £20K to £2.0M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-5.6%
5 yr-0.8%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

101 days average time on market

Median asking rent

£1,100/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

146

For sale and to let. Excludes 36 that are not homes or not monthly rents

Median asking price

£330K

Asking price range

£20K to £2.0M

Homes analysed

5,927

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£330K

  • Moderate entry price (£330K)
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-5.6% a year

  • Prices moving -5.6% a year over 3 years raises resale risk
  • Slow exits: 101 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 138 in EX22.