Postcode district

IG2

119 for-sale listings47 to-let listingsCool market

Median asking price

£525K

Across 119 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

121

Average time on market

Investment overview

Median asking price

£525K

Average £499K, range £165K to £1.9M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.9%
5 yr-0.9%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Cool

121 days average time on market

Median asking rent

£1,850/mo

Of 47 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

166

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

Median asking price

£525K

Asking price range

£165K to £1.9M

Homes analysed

10,398

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 30% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • Slow exits: 121 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 119 in IG2.