Postcode district

GU16

138 for-sale listings16 to-let listingsWarm market

Median asking price

£439K

Across 138 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

73

Average time on market

Investment overview

Median asking price

£439K

Average £458K, range £55K to £1.6M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+2.1%
10 yr+1.9%

% a year, annualised over each horizon

Market heat

Warm

73 days average time on market

Median asking rent

£1,562/mo

Of 16 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

154

For sale and to let

Median asking price

£439K

Asking price range

£55K to £1.6M

Homes analysed

11,667

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£439K

  • High entry price (£439K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-0.4% a year

  • Prices moving -0.4% a year over 3 years raises resale risk
  • 73 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 138 in GU16.