Postcode district

PO38

71 for-sale listings13 to-let listingsWarm market

Median asking price

£240K

Across 71 for-sale listings

Growth, 3 years

-4.8%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£240K

Average £304K, range £25K to £1.3M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.8%
5 yr-2.1%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£900/mo

Of 13 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

84

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

Median asking price

£240K

Asking price range

£25K to £1.3M

Homes analysed

7,766

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £900 a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 16% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-4.8% a year

  • Prices moving -4.8% a year over 3 years raises resale risk
  • 83 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 71 in PO38.