Postcode district

PE15

209 for-sale listings21 to-let listingsWarm market

Median asking price

£300K

Across 209 for-sale listings

Growth, 3 years

-1.4%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

101

Average time on market

Investment overview

Median asking price

£300K

Average £341K, range £75K to £900K

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.4%
5 yr0.0%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

101 days average time on market

Median asking rent

£1,100/mo

Of 21 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

230

For sale and to let. Excludes 24 that are not homes or not monthly rents

Median asking price

£300K

Asking price range

£75K to £900K

Homes analysed

14,967

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.4% a year

  • Prices moving -1.4% a year over 3 years raises resale risk
  • Slow exits: 101 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 209 in PE15.