Postcode district

IG1

168 for-sale listings67 to-let listingsWarm market

Median asking price

£420K

Across 168 for-sale listings

Growth, 3 years

+0.2%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

101

Average time on market

Investment overview

Median asking price

£420K

Average £430K, range £140K to £1.4M

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.2%
5 yr+3.8%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

101 days average time on market

Median asking rent

£1,900/mo

Of 67 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

235

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£420K

Asking price range

£140K to £1.4M

Homes analysed

23,034

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£420K

  • High entry price (£420K) squeezes HMO returns
  • 41% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

+0.2% a year

  • Prices moving +0.2% a year over 3 years raises resale risk
  • Slow exits: 101 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 168 in IG1.