Postcode district

SO21

108 for-sale listings13 to-let listingsWarm market

Median asking price

£698K

Across 108 for-sale listings

Growth, 3 years

-2.4%

A year, annualised

Gross yield

2.8%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£698K

Average £1.3M, range £110K to £14.0M

Gross yield

2.8%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-2.4%
5 yr+0.0%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£1,600/mo

Of 13 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

121

For sale and to let. Excludes 11 that are not homes or not monthly rents

Median asking price

£698K

Asking price range

£110K to £14.0M

Homes analysed

9,098

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.8%

  • Low indicative gross yield of 2.8% limits rental returns
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£698K

  • High entry price (£698K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.4% a year

  • Prices moving -2.4% a year over 3 years raises resale risk
  • 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 108 in SO21.