Postcode district

RM18

56 for-sale listings13 to-let listingsWarm market

Median asking price

£333K

Across 56 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£333K

Average £310K, range £140K to £475K

Gross yield

5.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.5%
5 yr+2.6%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£1,399/mo

Of 13 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

69

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

Median asking price

£333K

Asking price range

£140K to £475K

Homes analysed

7,476

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.0%

  • Indicative gross yield of 5.0% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£333K

  • Moderate entry price (£333K)
  • 19% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • Slow exits: 96 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 56 in RM18.