Postcode district

IP21

80 for-sale listings3 to-let listingsWarm market

Median asking price

£350K

Across 80 for-sale listings

Growth, 3 years

-2.0%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

86

Average time on market

Investment overview

Median asking price

£350K

Average £437K, range £130K to £1.3M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-2.0%
5 yr+0.9%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£950/mo

Of 3 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

83

For sale and to let. Excludes 10 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£130K to £1.3M

Homes analysed

5,568

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in IP21, too few for an indicative yield.

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.0% a year

  • Prices moving -2.0% a year over 3 years raises resale risk
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 80 in IP21.