Postcode district

PL8

38 for-sale listings2 to-let listingsCool market

Median asking price

£525K

Across 38 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

116

Average time on market

Investment overview

Median asking price

£525K

Average £641K, range £175K to £3.3M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-1.9%
5 yr-1.8%
10 yr+1.1%

% a year, annualised over each horizon

Market heat

Cool

116 days average time on market

Median asking rent

£1,100/mo

Of 2 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

40

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

Median asking price

£525K

Asking price range

£175K to £3.3M

Homes analysed

3,171

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in PL8, too few for an indicative yield.

HMO

Weak

Median asking price

£525K

  • High entry price (£525K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • Slow exits: 116 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 38 in PL8.