Postcode district

PO40

66 for-sale listings5 to-let listingsWarm market

Median asking price

£300K

Across 66 for-sale listings

Growth, 3 years

-3.8%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£300K

Average £342K, range £80K to £800K

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.8%
5 yr+1.0%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£1,200/mo

Of 5 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

71

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

Median asking price

£300K

Asking price range

£80K to £800K

Homes analysed

3,641

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£300K

  • Moderate entry price (£300K)
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-3.8% a year

  • Prices moving -3.8% 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 66 in PO40.