Postcode district

RG2

168 for-sale listings88 to-let listingsWarm market

Median asking price

£398K

Across 168 for-sale listings

Growth, 3 years

-2.5%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£398K

Average £423K, range £90K to £1.7M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.5%
5 yr+0.5%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£1,600/mo

Of 88 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

256

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£398K

Asking price range

£90K to £1.7M

Homes analysed

20,902

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£398K

  • High entry price (£398K) squeezes HMO returns
  • 22% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-2.5% a year

  • Prices moving -2.5% a year over 3 years raises resale risk
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 168 in RG2.