Postcode district

PE8

112 for-sale listings18 to-let listingsWarm market

Median asking price

£380K

Across 112 for-sale listings

Growth, 3 years

+1.5%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£380K

Average £445K, range £85K to £1.3M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.5%
5 yr+1.1%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£1,314/mo

Of 18 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

130

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£380K

Asking price range

£85K to £1.3M

Homes analysed

8,967

Behind the growth and area averages

For-sale listings equal 1.2% 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

£380K

  • High entry price (£380K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.5% a year

  • Prices rising +1.5% a year over 3 years
  • Slow exits: 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 112 in PE8.