Postcode district

RM3

102 for-sale listings34 to-let listingsWarm market

Median asking price

£400K

Across 102 for-sale listings

Growth, 3 years

+1.3%

A year, annualised

Gross yield

6.0%

Indicative, from listing medians

Days on market

72

Average time on market

Investment overview

Median asking price

£400K

Average £400K, range £80K to £670K

Gross yield

6.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.3%
5 yr+2.7%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

72 days average time on market

Median asking rent

£2,000/mo

Of 34 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

136

For sale and to let

Median asking price

£400K

Asking price range

£80K to £670K

Homes analysed

19,324

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.0%

  • Indicative gross yield of 6.0% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.3% a year

  • Prices rising +1.3% a year over 3 years
  • 72 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 102 in RM3.