Postcode district

SP5

141 for-sale listings8 to-let listingsWarm market

Median asking price

£775K

Across 141 for-sale listings

Growth, 3 years

-4.2%

A year, annualised

Gross yield

2.7%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£775K

Average £868K, range £170K to £3.6M

Gross yield

2.7%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-4.2%
5 yr+1.0%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

104 days average time on market

Median asking rent

£1,725/mo

Of 8 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

149

For sale and to let. Excludes 13 that are not homes or not monthly rents

Median asking price

£775K

Asking price range

£170K to £3.6M

Homes analysed

10,185

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.7%

  • Low indicative gross yield of 2.7% limits rental returns
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£775K

  • High entry price (£775K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.2% a year

  • Prices moving -4.2% a year over 3 years raises resale risk
  • Slow exits: 104 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 141 in SP5.