Postcode district

EX7

199 for-sale listings7 to-let listingsWarm market

Median asking price

£270K

Across 199 for-sale listings

Growth, 3 years

-1.2%

A year, annualised

Gross yield

6.9%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£270K

Average £306K, range £23K to £1.4M

Gross yield

6.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.2%
5 yr+0.5%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,550/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

206

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£270K

Asking price range

£23K to £1.4M

Homes analysed

7,854

Behind the growth and area averages

For-sale listings equal 2.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.9%

  • Indicative gross yield of 6.9% from listing medians
  • Median asking rent £2K a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 18% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.2% a year

  • Prices moving -1.2% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 199 in EX7.