Postcode district

MK8

87 for-sale listings29 to-let listingsWarm market

Median asking price

£440K

Across 87 for-sale listings

Growth, 3 years

-6.4%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£440K

Average £433K, range £150K to £1.8M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-6.4%
5 yr+0.5%
10 yr+1.6%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,795/mo

Of 29 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

116

For sale and to let

Median asking price

£440K

Asking price range

£150K to £1.8M

Homes analysed

7,553

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£440K

  • High entry price (£440K) squeezes HMO returns
  • 18% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-6.4% a year

  • Prices moving -6.4% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 87 in MK8.