Postcode district

SO24

57 for-sale listings7 to-let listingsWarm market

Median asking price

£575K

Across 57 for-sale listings

Growth, 3 years

+0.5%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£575K

Average £771K, range £295K to £5.5M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.5%
5 yr+2.9%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£1,750/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

64

For sale and to let

Median asking price

£575K

Asking price range

£295K to £5.5M

Homes analysed

5,516

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£575K

  • High entry price (£575K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.5% a year

  • Prices moving +0.5% a year over 3 years raises resale risk
  • Slow exits: 96 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 57 in SO24.