Postcode district

PO3

70 for-sale listings13 to-let listingsWarm market

Median asking price

£270K

Across 70 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

6.2%

Indicative, from listing medians

Days on market

64

Average time on market

Investment overview

Median asking price

£270K

Average £269K, range £70K to £495K

Gross yield

6.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.4%
5 yr+2.6%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

64 days average time on market

Median asking rent

£1,400/mo

Of 13 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

83

For sale and to let

Median asking price

£270K

Asking price range

£70K to £495K

Homes analysed

9,002

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.2%

  • Indicative gross yield of 6.2% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 16% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • 64 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 70 in PO3.