Postcode district

IP27

86 for-sale listings17 to-let listingsWarm market

Median asking price

£240K

Across 86 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

6.5%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£240K

Average £269K, range £60K to £1.0M

Gross yield

6.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr+1.5%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£1,300/mo

Of 17 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

103

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£240K

Asking price range

£60K to £1.0M

Homes analysed

9,541

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.5%

  • Indicative gross yield of 6.5% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 22% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • Slow exits: 91 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 86 in IP27.