Postcode district

IP28

119 for-sale listings16 to-let listingsWarm market

Median asking price

£309K

Across 119 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

81

Average time on market

Investment overview

Median asking price

£309K

Average £360K, range £80K to £1.9M

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.4%
5 yr+1.3%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

81 days average time on market

Median asking rent

£1,398/mo

Of 16 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

135

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£309K

Asking price range

£80K to £1.9M

Homes analysed

14,157

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£309K

  • Moderate entry price (£309K)
  • 24% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • 81 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 119 in IP28.