Postcode district

RM9

65 for-sale listings42 to-let listingsWarm market

Median asking price

£375K

Across 65 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

67

Average time on market

Investment overview

Median asking price

£375K

Average £376K, range £180K to £550K

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+3.1%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

67 days average time on market

Median asking rent

£1,850/mo

Of 42 to-let listings

Most common type

Terraced

2 bedrooms on average

Market data

Listings

Summary

Homes listed

107

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

Median asking price

£375K

Asking price range

£180K to £550K

Homes analysed

15,124

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 19% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • 67 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 65 in RM9.