Postcode district

ME10

178 for-sale listings46 to-let listingsWarm market

Median asking price

£300K

Across 178 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£300K

Average £316K, range £92K to £650K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.5%
5 yr+2.8%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£1,072/mo

Of 46 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

224

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

Median asking price

£300K

Asking price range

£92K to £650K

Homes analysed

23,534

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 17% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • 80 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 178 in ME10.