Postcode district

M20

110 for-sale listings70 to-let listingsWarm market

Median asking price

£350K

Across 110 for-sale listings

Growth, 3 years

+2.7%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

62

Average time on market

Investment overview

Median asking price

£350K

Average £457K, range £160K to £3.3M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+2.7%
5 yr+3.0%
10 yr+4.8%

% a year, annualised over each horizon

Market heat

Warm

62 days average time on market

Median asking rent

£1,500/mo

Of 70 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

180

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£350K

Asking price range

£160K to £3.3M

Homes analysed

22,989

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 34% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+2.7% a year

  • Prices rising +2.7% a year over 3 years
  • 62 days average time on market
  • Long-run growth of +4.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 110 in M20.