Postcode district

SG2

100 for-sale listings21 to-let listingsWarm market

Median asking price

£400K

Across 100 for-sale listings

Growth, 3 years

+1.0%

A year, annualised

Gross yield

5.0%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£400K

Average £470K, range £150K to £1.3M

Gross yield

5.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.0%
5 yr+2.5%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,650/mo

Of 21 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

121

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

Median asking price

£400K

Asking price range

£150K to £1.3M

Homes analysed

18,341

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

5.0%

  • Moderate indicative gross yield of 5.0%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

+1.0% a year

  • Prices moving +1.0% a year over 3 years raises resale risk
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 100 in SG2.