Postcode district

RM8

129 for-sale listings42 to-let listingsWarm market

Median asking price

£370K

Across 129 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

6.3%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£370K

Average £372K, range £180K to £750K

Gross yield

6.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.1%
5 yr+3.5%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

97 days average time on market

Median asking rent

£1,948/mo

Of 42 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

171

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

Median asking price

£370K

Asking price range

£180K to £750K

Homes analysed

16,991

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.3%

  • Indicative gross yield of 6.3% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£370K

  • High entry price (£370K) squeezes HMO returns
  • 22% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • Slow exits: 97 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 129 in RM8.