Postcode district

PE14

205 for-sale listings13 to-let listingsWarm market

Median asking price

£285K

Across 205 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£285K

Average £345K, range £21K to £1.1M

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.1%
5 yr+1.5%
10 yr+4.7%

% a year, annualised over each horizon

Market heat

Warm

109 days average time on market

Median asking rent

£1,000/mo

Of 13 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

218

For sale and to let. Excludes 19 that are not homes or not monthly rents

Median asking price

£285K

Asking price range

£21K to £1.1M

Homes analysed

10,599

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£285K

  • Moderate entry price (£285K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • Slow exits: 109 days average time on market
  • Long-run growth of +4.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 205 in PE14.