Postcode district

RM12

117 for-sale listings17 to-let listingsWarm market

Median asking price

£450K

Across 117 for-sale listings

Growth, 3 years

+3.0%

A year, annualised

Gross yield

5.3%

Indicative, from listing medians

Days on market

73

Average time on market

Investment overview

Median asking price

£450K

Average £460K, range £175K to £850K

Gross yield

5.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.0%
5 yr+2.1%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

73 days average time on market

Median asking rent

£2,000/mo

Of 17 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

134

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

Median asking price

£450K

Asking price range

£175K to £850K

Homes analysed

15,486

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.3%

  • Indicative gross yield of 5.3% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.0% a year

  • Prices rising +3.0% a year over 3 years
  • 73 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 117 in RM12.