Postcode district

TA21

54 for-sale listings8 to-let listingsHot market

Median asking price

£361K

Across 54 for-sale listings

Growth, 3 years

-3.0%

A year, annualised

Gross yield

3.4%

Indicative, from listing medians

Days on market

41

Average time on market

Investment overview

Median asking price

£361K

Average £458K, range £90K to £1.8M

Gross yield

3.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.0%
5 yr-0.4%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Hot

41 days average time on market

Median asking rent

£1,025/mo

Of 8 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

62

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£361K

Asking price range

£90K to £1.8M

Homes analysed

10,371

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

3.4%

  • Moderate indicative gross yield of 3.4%
  • 41 days average time on market
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£361K

  • High entry price (£361K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

-3.0% a year

  • Prices moving -3.0% a year over 3 years raises resale risk
  • Fast exits: 41 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 54 in TA21.