Postcode district

SP2

74 for-sale listings6 to-let listingsWarm market

Median asking price

£413K

Across 74 for-sale listings

Growth, 3 years

+3.1%

A year, annualised

Gross yield

3.9%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£413K

Average £449K, range £50K to £2.4M

Gross yield

3.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.1%
5 yr+3.2%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£1,338/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

80

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£413K

Asking price range

£50K to £2.4M

Homes analysed

16,163

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.9%

  • Moderate indicative gross yield of 3.9%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£413K

  • High entry price (£413K) squeezes HMO returns
  • 16% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+3.1% a year

  • Prices rising +3.1% a year over 3 years
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 74 in SP2.