Postcode district

RM7

133 for-sale listings20 to-let listingsWarm market

Median asking price

£425K

Across 133 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

81

Average time on market

Investment overview

Median asking price

£425K

Average £401K, range £130K to £1.1M

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.4%
5 yr+2.8%
10 yr+5.3%

% a year, annualised over each horizon

Market heat

Warm

81 days average time on market

Median asking rent

£1,972/mo

Of 20 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

153

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

Median asking price

£425K

Asking price range

£130K to £1.1M

Homes analysed

13,188

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£425K

  • High entry price (£425K) squeezes HMO returns
  • 21% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • 81 days average time on market
  • Long-run growth of +5.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 133 in RM7.