Postcode district

SO22

90 for-sale listings50 to-let listingsWarm market

Median asking price

£535K

Across 90 for-sale listings

Growth, 3 years

-4.5%

A year, annualised

Gross yield

3.6%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£535K

Average £674K, range £102K to £2.5M

Gross yield

3.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.5%
5 yr-2.2%
10 yr+1.4%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,625/mo

Of 50 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

140

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

Median asking price

£535K

Asking price range

£102K to £2.5M

Homes analysed

13,507

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.6%

  • Moderate indicative gross yield of 3.6%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£535K

  • High entry price (£535K) squeezes HMO returns
  • 16% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-4.5% a year

  • Prices moving -4.5% a year over 3 years raises resale risk
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 90 in SO22.