Postcode district

PO11

172 for-sale listings5 to-let listingsWarm market

Median asking price

£398K

Across 172 for-sale listings

Growth, 3 years

-1.6%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£398K

Average £445K, range £17K to £1.6M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.6%
5 yr-1.1%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£1,440/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

177

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

Median asking price

£398K

Asking price range

£17K to £1.6M

Homes analysed

9,439

Behind the growth and area averages

For-sale listings equal 1.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£398K

  • High entry price (£398K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.6% a year

  • Prices moving -1.6% a year over 3 years raises resale risk
  • 87 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 172 in PO11.