Postcode district

PL27

111 for-sale listings6 to-let listingsCool market

Median asking price

£665K

Across 111 for-sale listings

Growth, 3 years

-5.6%

A year, annualised

Gross yield

2.2%

Indicative, from listing medians

Days on market

108

Average time on market

Investment overview

Median asking price

£665K

Average £871K, range £60K to £6.0M

Gross yield

2.2%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-5.6%
5 yr-0.3%
10 yr+1.5%

% a year, annualised over each horizon

Market heat

Cool

108 days average time on market

Median asking rent

£1,200/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

117

For sale and to let. Excludes 7 that are not homes or not monthly rents

Median asking price

£665K

Asking price range

£60K to £6.0M

Homes analysed

8,367

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.2%

  • Low indicative gross yield of 2.2% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£665K

  • High entry price (£665K) squeezes HMO returns
  • 17% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-5.6% a year

  • Prices moving -5.6% a year over 3 years raises resale risk
  • Slow exits: 108 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 111 in PL27.