Postcode district

RM14

141 for-sale listings11 to-let listingsWarm market

Median asking price

£650K

Across 141 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

3.3%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£650K

Average £747K, range £195K to £2.3M

Gross yield

3.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr-0.4%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

£1,800/mo

Of 11 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

152

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

Median asking price

£650K

Asking price range

£195K to £2.3M

Homes analysed

11,636

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.3%

  • Moderate indicative gross yield of 3.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£650K

  • High entry price (£650K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • Slow exits: 98 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 141 in RM14.