Postcode district

EX23

226 for-sale listings9 to-let listingsWarm market

Median asking price

£350K

Across 226 for-sale listings

Growth, 3 years

-3.3%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£350K

Average £399K, range £28K to £1.9M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.3%
5 yr+1.1%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£950/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

235

For sale and to let. Excludes 11 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£28K to £1.9M

Homes analysed

9,971

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£350K

  • Moderate entry price (£350K)
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.3% a year

  • Prices moving -3.3% a year over 3 years raises resale risk
  • 82 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 226 in EX23.