Postcode district

PE27

57 for-sale listings22 to-let listingsWarm market

Median asking price

£325K

Across 57 for-sale listings

Growth, 3 years

-3.3%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£325K

Average £360K, range £170K to £1.1M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.3%
5 yr+0.3%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

104 days average time on market

Median asking rent

£1,222/mo

Of 22 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

79

For sale and to let

Median asking price

£325K

Asking price range

£170K to £1.1M

Homes analysed

9,685

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 18% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.3% a year

  • Prices moving -3.3% a year over 3 years raises resale risk
  • Slow exits: 104 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 57 in PE27.