Postcode district

HP23

146 for-sale listings7 to-let listingsCool market

Median asking price

£525K

Across 146 for-sale listings

Growth, 3 years

-4.7%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£525K

Average £596K, range £160K to £2.3M

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-4.7%
5 yr-0.6%
10 yr+1.0%

% a year, annualised over each horizon

Market heat

Cool

106 days average time on market

Median asking rent

£2,500/mo

Of 7 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

153

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£525K

Asking price range

£160K to £2.3M

Homes analysed

8,237

Behind the growth and area averages

For-sale listings equal 1.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-4.7% a year

  • Prices moving -4.7% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 146 in HP23.