Postcode district

SG8

112 for-sale listings16 to-let listingsWarm market

Median asking price

£513K

Across 112 for-sale listings

Growth, 3 years

-3.5%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£513K

Average £709K, range £70K to £11.5M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.5%
5 yr-0.5%
10 yr+2.1%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,850/mo

Of 16 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

128

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£513K

Asking price range

£70K to £11.5M

Homes analysed

18,750

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£513K

  • High entry price (£513K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.5% a year

  • Prices moving -3.5% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 112 in SG8.