Postcode district

PE20

116 for-sale listings9 to-let listingsWarm market

Median asking price

£260K

Across 116 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

3.8%

Indicative, from listing medians

Days on market

108

Average time on market

Investment overview

Median asking price

£260K

Average £287K, range £22K to £775K

Gross yield

3.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+3.5%
10 yr+4.4%

% a year, annualised over each horizon

Market heat

Warm

108 days average time on market

Median asking rent

£825/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

125

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

Median asking price

£260K

Asking price range

£22K to £775K

Homes analysed

7,717

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.8%

  • Moderate indicative gross yield of 3.8%
  • Median asking rent £825 a month

HMO

Moderate

Median asking price

£260K

  • Moderate entry price (£260K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • Slow exits: 108 days average time on market
  • Long-run growth of +4.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 116 in PE20.