Postcode district

M24

183 for-sale listings20 to-let listingsWarm market

Median asking price

£295K

Across 183 for-sale listings

Growth, 3 years

+3.2%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£295K

Average £321K, range £75K to £2.3M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.2%
5 yr+3.6%
10 yr+5.9%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,095/mo

Of 20 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

203

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

Median asking price

£295K

Asking price range

£75K to £2.3M

Homes analysed

24,282

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£295K

  • Moderate entry price (£295K)
  • 14% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.2% a year

  • Prices rising +3.2% a year over 3 years
  • 86 days average time on market
  • Long-run growth of +5.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 183 in M24.