Postcode district

EX33

87 for-sale listings5 to-let listingsHot market

Median asking price

£450K

Across 87 for-sale listings

Growth, 3 years

-4.5%

A year, annualised

Gross yield

3.1%

Indicative, from listing medians

Days on market

51

Average time on market

Investment overview

Median asking price

£450K

Average £610K, range £135K to £2.3M

Gross yield

3.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.5%
5 yr-0.1%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Hot

51 days average time on market

Median asking rent

£1,150/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

92

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£450K

Asking price range

£135K to £2.3M

Homes analysed

5,705

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.1%

  • Moderate indicative gross yield of 3.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.5% a year

  • Prices moving -4.5% a year over 3 years raises resale risk
  • 51 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 87 in EX33.