Postcode district

GU23

77 for-sale listings5 to-let listingsWarm market

Median asking price

£695K

Across 77 for-sale listings

Growth, 3 years

-4.4%

A year, annualised

Gross yield

2.8%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£695K

Average £850K, range £220K to £2.8M

Gross yield

2.8%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-4.4%
5 yr+1.1%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,595/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

82

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£695K

Asking price range

£220K to £2.8M

Homes analysed

3,549

Behind the growth and area averages

For-sale listings equal 2.2% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.8%

  • Low indicative gross yield of 2.8% limits rental returns
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£695K

  • High entry price (£695K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.4% a year

  • Prices moving -4.4% a year over 3 years raises resale risk
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 77 in GU23.