Postcode district

PE11

176 for-sale listings30 to-let listingsWarm market

Median asking price

£250K

Across 176 for-sale listings

Growth, 3 years

-2.4%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

89

Average time on market

Investment overview

Median asking price

£250K

Average £285K, range £65K to £950K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.4%
5 yr+1.2%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

89 days average time on market

Median asking rent

£900/mo

Of 30 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

206

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£250K

Asking price range

£65K to £950K

Homes analysed

22,000

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £900 a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.4% a year

  • Prices moving -2.4% a year over 3 years raises resale risk
  • 89 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 176 in PE11.