Postcode district

IP7

115 for-sale listings7 to-let listingsWarm market

Median asking price

£380K

Across 115 for-sale listings

Growth, 3 years

-3.3%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£380K

Average £459K, range £78K to £1.8M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.3%
5 yr-1.5%
10 yr+1.1%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£1,200/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

122

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£380K

Asking price range

£78K to £1.8M

Homes analysed

8,083

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£380K

  • High entry price (£380K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.3% a year

  • Prices moving -3.3% a year over 3 years raises resale risk
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 115 in IP7.