Postcode district

PL1

147 for-sale listings56 to-let listingsWarm market

Median asking price

£220K

Across 147 for-sale listings

Growth, 3 years

-2.2%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£220K

Average £287K, range £75K to £2.0M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.2%
5 yr-2.5%
10 yr+0.6%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£900/mo

Of 56 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

203

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

Median asking price

£220K

Asking price range

£75K to £2.0M

Homes analysed

18,751

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £900 a month

HMO

Moderate

Median asking price

£220K

  • Moderate entry price (£220K)
  • 34% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-2.2% a year

  • Prices moving -2.2% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 147 in PL1.