Postcode district

ME5

136 for-sale listings28 to-let listingsWarm market

Median asking price

£340K

Across 136 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

71

Average time on market

Investment overview

Median asking price

£340K

Average £383K, range £53K to £1.4M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.4%
5 yr+2.5%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

71 days average time on market

Median asking rent

£1,150/mo

Of 28 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

164

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

Median asking price

£340K

Asking price range

£53K to £1.4M

Homes analysed

21,891

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£340K

  • Moderate entry price (£340K)
  • 13% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • 71 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 136 in ME5.