Postcode district

KT24

92 for-sale listings9 to-let listingsWarm market

Median asking price

£1.0M

Across 92 for-sale listings

Growth, 3 years

-2.5%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£1.0M

Average £1.2M, range £195K to £4.0M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.5%
5 yr+0.5%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£2,750/mo

Of 9 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

101

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

Median asking price

£1.0M

Asking price range

£195K to £4.0M

Homes analysed

4,252

Behind the growth and area averages

For-sale listings equal 2.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£1.0M

  • High entry price (£1.0M) squeezes HMO returns
  • 8% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.5% a year

  • Prices moving -2.5% a year over 3 years raises resale risk
  • Slow exits: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 92 in KT24.