Postcode district

PE29

180 for-sale listings27 to-let listingsWarm market

Median asking price

£280K

Across 180 for-sale listings

Growth, 3 years

+0.6%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£280K

Average £322K, range £90K to £3.0M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.6%
5 yr+1.4%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,200/mo

Of 27 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

207

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

Median asking price

£280K

Asking price range

£90K to £3.0M

Homes analysed

14,755

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 20% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.6% a year

  • Prices moving +0.6% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 180 in PE29.