Postcode district

IP3

125 for-sale listings13 to-let listingsWarm market

Median asking price

£250K

Across 125 for-sale listings

Growth, 3 years

-1.4%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£250K

Average £266K, range £60K to £1.3M

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.4%
5 yr+0.9%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,190/mo

Of 13 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

138

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

Median asking price

£250K

Asking price range

£60K to £1.3M

Homes analysed

15,691

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 20% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-1.4% a year

  • Prices moving -1.4% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 125 in IP3.