Postcode district

PL29

22 for-sale listings1 to-let listingsWarm market

Median asking price

£448K

Across 22 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

99

Average time on market

Investment overview

Median asking price

£448K

Average £612K, range £200K to £1.9M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+1.6%
5 yr+1.6%
10 yr+6.3%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£1,200/mo

Of 1 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

23

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£448K

Asking price range

£200K to £1.9M

Homes analysed

996

Behind the growth and area averages

For-sale listings equal 2.2% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in PL29, too few for an indicative yield.

HMO

Weak

Median asking price

£448K

  • High entry price (£448K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • Slow exits: 99 days average time on market
  • Long-run growth of +6.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 22 in PL29.