Postcode district

EX3

113 for-sale listings4 to-let listingsWarm market

Median asking price

£565K

Across 113 for-sale listings

Growth, 3 years

-5.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

101

Average time on market

Investment overview

Median asking price

£565K

Average £660K, range £200K to £4.0M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-5.5%
5 yr-1.1%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

101 days average time on market

Median asking rent

£2,000/mo

Of 4 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

117

For sale and to let

Median asking price

£565K

Asking price range

£200K to £4.0M

Homes analysed

3,006

Behind the growth and area averages

For-sale listings equal 3.8% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in EX3, too few for an indicative yield.

HMO

Weak

Median asking price

£565K

  • High entry price (£565K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-5.5% a year

  • Prices moving -5.5% 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 113 in EX3.