Postcode district

HP16

98 for-sale listings10 to-let listingsCool market

Median asking price

£700K

Across 98 for-sale listings

Growth, 3 years

-0.3%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

114

Average time on market

Investment overview

Median asking price

£700K

Average £997K, range £190K to £4.3M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.3%
5 yr+0.4%
10 yr+1.0%

% a year, annualised over each horizon

Market heat

Cool

114 days average time on market

Median asking rent

£2,375/mo

Of 10 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

108

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

Median asking price

£700K

Asking price range

£190K to £4.3M

Homes analysed

5,143

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£700K

  • High entry price (£700K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.3% a year

  • Prices moving -0.3% a year over 3 years raises resale risk
  • Slow exits: 114 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 98 in HP16.