Postcode district

ME18

67 for-sale listings2 to-let listingsCool market

Median asking price

£575K

Across 67 for-sale listings

Growth, 3 years

+1.7%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

127

Average time on market

Investment overview

Median asking price

£575K

Average £756K, range £167K to £4.0M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+1.7%
5 yr-1.3%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Cool

127 days average time on market

Median asking rent

£1,450/mo

Of 2 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

69

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

Median asking price

£575K

Asking price range

£167K to £4.0M

Homes analysed

3,406

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in ME18, too few for an indicative yield.

HMO

Weak

Median asking price

£575K

  • High entry price (£575K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.7% a year

  • Prices rising +1.7% a year over 3 years
  • Slow exits: 127 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 67 in ME18.