Postcode district

SE24

82 for-sale listings29 to-let listingsCool market

Median asking price

£675K

Across 82 for-sale listings

Growth, 3 years

-1.1%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

106

Average time on market

Investment overview

Median asking price

£675K

Average £802K, range £270K to £2.8M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.1%
5 yr+0.3%
10 yr+0.7%

% a year, annualised over each horizon

Market heat

Cool

106 days average time on market

Median asking rent

£2,100/mo

Of 29 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

111

For sale and to let

Median asking price

£675K

Asking price range

£270K to £2.8M

Homes analysed

8,354

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£675K

  • High entry price (£675K) squeezes HMO returns
  • 23% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.1% a year

  • Prices moving -1.1% a year over 3 years raises resale risk
  • Slow exits: 106 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 82 in SE24.