Postcode district

SG16

52 for-sale listings1 to-let listingsCool market

Median asking price

£408K

Across 52 for-sale listings

Growth, 3 years

-3.6%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

99

Average time on market

Investment overview

Median asking price

£408K

Average £469K, range £90K to £1.7M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-3.6%
5 yr-0.8%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Cool

99 days average time on market

Median asking rent

£1,500/mo

Of 1 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

53

For sale and to let

Median asking price

£408K

Asking price range

£90K to £1.7M

Homes analysed

3,676

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in SG16, too few for an indicative yield.

HMO

Weak

Median asking price

£408K

  • High entry price (£408K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.6% a year

  • Prices moving -3.6% a year over 3 years raises resale risk
  • Slow exits: 99 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 52 in SG16.