Postcode district

IP23

73 for-sale listings6 to-let listingsWarm market

Median asking price

£425K

Across 73 for-sale listings

Growth, 3 years

-4.8%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£425K

Average £420K, range £100K to £1.0M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.8%
5 yr-0.1%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,300/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

79

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

Median asking price

£425K

Asking price range

£100K to £1.0M

Homes analysed

3,672

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£425K

  • High entry price (£425K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.8% a year

  • Prices moving -4.8% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 73 in IP23.