Postcode district

PE38

147 for-sale listings26 to-let listingsCool market

Median asking price

£288K

Across 147 for-sale listings

Growth, 3 years

-0.6%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£288K

Average £311K, range £90K to £850K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.6%
5 yr+2.7%
10 yr+3.8%

% a year, annualised over each horizon

Market heat

Cool

109 days average time on market

Median asking rent

£1,038/mo

Of 26 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

173

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£288K

Asking price range

£90K to £850K

Homes analysed

8,387

Behind the growth and area averages

For-sale listings equal 1.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£288K

  • Moderate entry price (£288K)
  • 17% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-0.6% a year

  • Prices moving -0.6% a year over 3 years raises resale risk
  • Slow exits: 109 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 147 in PE38.