Postcode district

TA3

117 for-sale listings5 to-let listingsWarm market

Median asking price

£450K

Across 117 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£450K

Average £506K, range £90K to £1.4M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+0.5%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£1,400/mo

Of 5 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

122

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£450K

Asking price range

£90K to £1.4M

Homes analysed

7,281

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 9% 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
  • 82 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 117 in TA3.