Postcode district

IP32

62 for-sale listings10 to-let listingsCool market

Median asking price

£280K

Across 62 for-sale listings

Growth, 3 years

-5.2%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£280K

Average £324K, range £150K to £1.5M

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-5.2%
5 yr-1.1%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Cool

106 days average time on market

Median asking rent

£1,372/mo

Of 10 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

72

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

Median asking price

£280K

Asking price range

£150K to £1.5M

Homes analysed

9,043

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 18% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-5.2% a year

  • Prices moving -5.2% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 62 in IP32.