Postcode district

EX39

194 for-sale listings15 to-let listingsHot market

Median asking price

£325K

Across 194 for-sale listings

Growth, 3 years

-4.7%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

45

Average time on market

Investment overview

Median asking price

£325K

Average £423K, range £59K to £2.5M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.7%
5 yr+0.4%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Hot

45 days average time on market

Median asking rent

£1,000/mo

Of 15 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

209

For sale and to let. Excludes 16 that are not homes or not monthly rents

Median asking price

£325K

Asking price range

£59K to £2.5M

Homes analysed

21,845

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • 45 days average time on market
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 18% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

-4.7% a year

  • Prices moving -4.7% a year over 3 years raises resale risk
  • Fast exits: 45 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 194 in EX39.