Postcode district

TA5

95 for-sale listings6 to-let listingsWarm market

Median asking price

£435K

Across 95 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

3.0%

Indicative, from listing medians

Days on market

113

Average time on market

Investment overview

Median asking price

£435K

Average £499K, range £135K to £2.8M

Gross yield

3.0%

Weak

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+2.0%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

113 days average time on market

Median asking rent

£1,072/mo

Of 6 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

101

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£435K

Asking price range

£135K to £2.8M

Homes analysed

6,146

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

3.0%

  • Low indicative gross yield of 3.0% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£435K

  • High entry price (£435K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • Slow exits: 113 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 95 in TA5.