Postcode district

IP12

168 for-sale listings14 to-let listingsWarm market

Median asking price

£395K

Across 168 for-sale listings

Growth, 3 years

-2.1%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£395K

Average £490K, range £95K to £6.7M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.1%
5 yr-0.9%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

£1,100/mo

Of 14 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

182

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

Median asking price

£395K

Asking price range

£95K to £6.7M

Homes analysed

12,909

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£395K

  • High entry price (£395K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.1% a year

  • Prices moving -2.1% a year over 3 years raises resale risk
  • Slow exits: 98 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 168 in IP12.