Postcode district

PE23

44 for-sale listings2 to-let listingsCool market

Median asking price

£268K

Across 44 for-sale listings

Growth, 3 years

-2.7%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

130

Average time on market

Investment overview

Median asking price

£268K

Average £357K, range £28K to £1.2M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-2.7%
5 yr-2.5%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Cool

130 days average time on market

Median asking rent

£700/mo

Of 2 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

46

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£268K

Asking price range

£28K to £1.2M

Homes analysed

4,502

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in PE23, too few for an indicative yield.

HMO

Moderate

Median asking price

£268K

  • Moderate entry price (£268K)
  • 15% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.7% a year

  • Prices moving -2.7% a year over 3 years raises resale risk
  • Slow exits: 130 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 44 in PE23.