Postcode district

SP3

34 for-sale listings1 to-let listingsCool market

Median asking price

£588K

Across 34 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

114

Average time on market

Investment overview

Median asking price

£588K

Average £634K, range £140K to £2.0M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.8%
5 yr0.0%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Cool

114 days average time on market

Median asking rent

£795/mo

Of 1 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

35

For sale and to let

Median asking price

£588K

Asking price range

£140K to £2.0M

Homes analysed

5,714

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in SP3, too few for an indicative yield.

HMO

Weak

Median asking price

£588K

  • High entry price (£588K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • Slow exits: 114 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 34 in SP3.