Postcode district

KT3

175 for-sale listings54 to-let listingsWarm market

Median asking price

£650K

Across 175 for-sale listings

Growth, 3 years

+4.9%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

85

Average time on market

Investment overview

Median asking price

£650K

Average £721K, range £190K to £3.5M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+4.9%
5 yr+2.2%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

£2,000/mo

Of 54 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

229

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

Median asking price

£650K

Asking price range

£190K to £3.5M

Homes analysed

16,556

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£650K

  • High entry price (£650K) squeezes HMO returns
  • 22% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+4.9% a year

  • Prices rising +4.9% a year over 3 years
  • 85 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 175 in KT3.