Postcode district

PE32

97 for-sale listings2 to-let listingsWarm market

Median asking price

£415K

Across 97 for-sale listings

Growth, 3 years

-6.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

100

Average time on market

Investment overview

Median asking price

£415K

Average £444K, range £35K to £1.9M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-6.5%
5 yr-1.2%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£875/mo

Of 2 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

99

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

Median asking price

£415K

Asking price range

£35K to £1.9M

Homes analysed

8,058

Behind the growth and area averages

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

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in PE32, too few for an indicative yield.

HMO

Weak

Median asking price

£415K

  • High entry price (£415K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-6.5% a year

  • Prices moving -6.5% a year over 3 years raises resale risk
  • Slow exits: 100 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 97 in PE32.