Postcode district

IG11

190 for-sale listings89 to-let listingsWarm market

Median asking price

£350K

Across 190 for-sale listings

Growth, 3 years

+1.9%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

57

Average time on market

Investment overview

Median asking price

£350K

Average £360K, range £140K to £1.3M

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.9%
5 yr+1.4%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

57 days average time on market

Median asking rent

£1,800/mo

Of 89 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

279

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

Median asking price

£350K

Asking price range

£140K to £1.3M

Homes analysed

27,149

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 27% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.9% a year

  • Prices rising +1.9% a year over 3 years
  • 57 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 190 in IG11.