Postcode district

RH16

155 for-sale listings38 to-let listingsWarm market

Median asking price

£400K

Across 155 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

75

Average time on market

Investment overview

Median asking price

£400K

Average £504K, range £60K to £2.3M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+0.3%
10 yr+1.6%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£1,350/mo

Of 38 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

193

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

Median asking price

£400K

Asking price range

£60K to £2.3M

Homes analysed

18,389

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 18% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-0.4% a year

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

Recent listings

The 6 most recently updated for-sale listings, a sample of 155 in RH16.