Postcode district

SO53

156 for-sale listings16 to-let listingsWarm market

Median asking price

£450K

Across 156 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

3.5%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£450K

Average £457K, range £100K to £1.3M

Gross yield

3.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+1.3%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£1,298/mo

Of 16 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

172

For sale and to let

Median asking price

£450K

Asking price range

£100K to £1.3M

Homes analysed

13,538

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

3.5%

  • Moderate indicative gross yield of 3.5%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.4% a year

  • Prices moving -0.4% a year over 3 years raises resale risk
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 156 in SO53.