Postcode district

SR2

112 for-sale listings49 to-let listingsWarm market

Median asking price

£190K

Across 112 for-sale listings

Growth, 3 years

+3.5%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£190K

Average £202K, range £45K to £550K

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+3.5%
5 yr+0.0%
10 yr+1.6%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£650/mo

Of 49 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

161

For sale and to let

Median asking price

£190K

Asking price range

£45K to £550K

Homes analysed

16,608

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £650 a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.5% a year

  • Prices rising +3.5% a year over 3 years
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 112 in SR2.