Postcode district

ME14

155 for-sale listings48 to-let listingsWarm market

Median asking price

£375K

Across 155 for-sale listings

Growth, 3 years

+6.1%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£375K

Average £444K, range £120K to £1.8M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+6.1%
5 yr+0.3%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,200/mo

Of 48 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

203

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

Median asking price

£375K

Asking price range

£120K to £1.8M

Homes analysed

16,599

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 21% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+6.1% a year

  • Prices rising +6.1% a year over 3 years
  • 83 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 155 in ME14.