Postcode district

PE31

269 for-sale listings6 to-let listingsCool market

Median asking price

£375K

Across 269 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

130

Average time on market

Investment overview

Median asking price

£375K

Average £478K, range £6K to £3.5M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.5%
5 yr+0.9%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Cool

130 days average time on market

Median asking rent

£1,272/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

275

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£375K

Asking price range

£6K to £3.5M

Homes analysed

13,022

Behind the growth and area averages

For-sale listings equal 2.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% 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 269 in PE31.