Postcode district

KT2

291 for-sale listings98 to-let listingsWarm market

Median asking price

£675K

Across 291 for-sale listings

Growth, 3 years

-1.0%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£675K

Average £1.0M, range £165K to £11.0M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.0%
5 yr-0.7%
10 yr+1.8%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£2,400/mo

Of 98 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

389

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

Median asking price

£675K

Asking price range

£165K to £11.0M

Homes analysed

15,111

Behind the growth and area averages

For-sale listings equal 1.9% 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

£675K

  • High entry price (£675K) squeezes HMO returns
  • 27% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.0% a year

  • Prices moving -1.0% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 291 in KT2.