Postcode district

MK5

70 for-sale listings13 to-let listingsWarm market

Median asking price

£500K

Across 70 for-sale listings

Growth, 3 years

+3.3%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

89

Average time on market

Investment overview

Median asking price

£500K

Average £574K, range £130K to £1.8M

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.3%
5 yr+3.3%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Warm

89 days average time on market

Median asking rent

£1,600/mo

Of 13 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

83

For sale and to let

Median asking price

£500K

Asking price range

£130K to £1.8M

Homes analysed

6,642

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£500K

  • High entry price (£500K) squeezes HMO returns
  • 18% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+3.3% a year

  • Prices rising +3.3% a year over 3 years
  • 89 days average time on market
  • Long-run growth of +4.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 70 in MK5.