Postcode district

KT16

131 for-sale listings41 to-let listingsWarm market

Median asking price

£500K

Across 131 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

69

Average time on market

Investment overview

Median asking price

£500K

Average £566K, range £100K to £4.8M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.2%
5 yr+0.3%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

69 days average time on market

Median asking rent

£1,800/mo

Of 41 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

172

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

Median asking price

£500K

Asking price range

£100K to £4.8M

Homes analysed

10,703

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£500K

  • High entry price (£500K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.2% a year

  • Prices moving -0.2% a year over 3 years raises resale risk
  • 69 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 131 in KT16.