Postcode district

IP1

175 for-sale listings49 to-let listingsWarm market

Median asking price

£275K

Across 175 for-sale listings

Growth, 3 years

-2.2%

A year, annualised

Gross yield

4.6%

Indicative, from listing medians

Days on market

69

Average time on market

Investment overview

Median asking price

£275K

Average £325K, range £45K to £975K

Gross yield

4.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.2%
5 yr+0.9%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

69 days average time on market

Median asking rent

£1,050/mo

Of 49 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

224

For sale and to let

Median asking price

£275K

Asking price range

£45K to £975K

Homes analysed

19,418

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.6%

  • Moderate indicative gross yield of 4.6%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£275K

  • Moderate entry price (£275K)
  • 23% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-2.2% a year

  • Prices moving -2.2% a year over 3 years raises resale risk
  • 69 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 175 in IP1.