Postcode district

PE7

277 for-sale listings68 to-let listingsWarm market

Median asking price

£300K

Across 277 for-sale listings

Growth, 3 years

-2.2%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

89

Average time on market

Investment overview

Median asking price

£300K

Average £311K, range £80K to £1.1M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-2.2%
5 yr+2.0%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

89 days average time on market

Median asking rent

£1,268/mo

Of 68 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

345

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

Median asking price

£300K

Asking price range

£80K to £1.1M

Homes analysed

24,446

Behind the growth and area averages

For-sale listings equal 1.1% 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

£300K

  • Moderate entry price (£300K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.2% a year

  • Prices moving -2.2% a year over 3 years raises resale risk
  • 89 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 277 in PE7.