Postcode district

IG5

63 for-sale listings17 to-let listingsWarm market

Median asking price

£650K

Across 63 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£650K

Average £627K, range £245K to £1.0M

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+1.9%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£2,400/mo

Of 17 to-let listings

Most common type

Semi detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

80

For sale and to let

Median asking price

£650K

Asking price range

£245K to £1.0M

Homes analysed

6,096

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£650K

  • High entry price (£650K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% a year over 3 years
  • 87 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 63 in IG5.