Postcode district

EX31

244 for-sale listings6 to-let listingsWarm market

Median asking price

£345K

Across 244 for-sale listings

Growth, 3 years

-2.1%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

60

Average time on market

Investment overview

Median asking price

£345K

Average £425K, range £30K to £2.5M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.1%
5 yr0.0%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

60 days average time on market

Median asking rent

£1,200/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

250

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

Median asking price

£345K

Asking price range

£30K to £2.5M

Homes analysed

14,883

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£345K

  • Moderate entry price (£345K)
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.1% a year

  • Prices moving -2.1% a year over 3 years raises resale risk
  • 60 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 244 in EX31.