Postcode district

IP2

120 for-sale listings17 to-let listingsWarm market

Median asking price

£220K

Across 120 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£220K

Average £220K, range £60K to £685K

Gross yield

5.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+1.9%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£925/mo

Of 17 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

137

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

Median asking price

£220K

Asking price range

£60K to £685K

Homes analysed

14,972

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.0%

  • Indicative gross yield of 5.0% from listing medians
  • Median asking rent £925 a month

HMO

Moderate

Median asking price

£220K

  • Moderate entry price (£220K)
  • 17% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • Slow exits: 96 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 120 in IP2.