Postcode district

TN16

197 for-sale listings6 to-let listingsWarm market

Median asking price

£550K

Across 197 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

97

Average time on market

Investment overview

Median asking price

£550K

Average £689K, range £215K to £4.3M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.1%
5 yr+1.9%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

97 days average time on market

Median asking rent

£2,200/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

203

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£550K

Asking price range

£215K to £4.3M

Homes analysed

8,337

Behind the growth and area averages

For-sale listings equal 2.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£550K

  • High entry price (£550K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • Slow exits: 97 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 197 in TN16.