Postcode district

HP8

81 for-sale listings5 to-let listingsCool market

Median asking price

£1.2M

Across 81 for-sale listings

Growth, 3 years

-8.7%

A year, annualised

Gross yield

7.7%

Indicative, from listing medians

Days on market

133

Average time on market

Investment overview

Median asking price

£1.2M

Average £1.5M, range £260K to £4.0M

Gross yield

7.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-8.7%
5 yr+0.4%
10 yr+1.4%

% a year, annualised over each horizon

Market heat

Cool

133 days average time on market

Median asking rent

£7,500/mo

Of 5 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

86

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

Median asking price

£1.2M

Asking price range

£260K to £4.0M

Homes analysed

3,032

Behind the growth and area averages

For-sale listings equal 2.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.7%

  • Indicative gross yield of 7.7% from listing medians
  • Median asking rent £8K a month

HMO

Weak

Median asking price

£1.2M

  • High entry price (£1.2M) squeezes HMO returns
  • 7% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-8.7% a year

  • Prices moving -8.7% a year over 3 years raises resale risk
  • Slow exits: 133 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 81 in HP8.