Postcode district

IG4

29 for-sale listings12 to-let listingsWarm market

Median asking price

£650K

Across 29 for-sale listings

Growth, 3 years

-1.4%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£650K

Average £661K, range £210K to £1.0M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.4%
5 yr-0.3%
10 yr+0.9%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£2,450/mo

Of 12 to-let listings

Most common type

Terraced

4 bedrooms on average

Market data

Listings

Summary

Homes listed

41

For sale and to let

Median asking price

£650K

Asking price range

£210K to £1.0M

Homes analysed

3,089

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£650K

  • High entry price (£650K) squeezes HMO returns
  • 24% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-1.4% a year

  • Prices moving -1.4% a year over 3 years raises resale risk
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 29 in IG4.