Postcode district

PO2

116 for-sale listings42 to-let listingsWarm market

Median asking price

£240K

Across 116 for-sale listings

Growth, 3 years

-0.1%

A year, annualised

Gross yield

6.0%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£240K

Average £253K, range £85K to £575K

Gross yield

6.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.1%
5 yr+2.3%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£1,200/mo

Of 42 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

158

For sale and to let

Median asking price

£240K

Asking price range

£85K to £575K

Homes analysed

18,554

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.0%

  • Indicative gross yield of 6.0% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 26% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.1% a year

  • Prices moving -0.1% a year over 3 years raises resale risk
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 116 in PO2.