Postcode district

TN28

128 for-sale listings5 to-let listingsWarm market

Median asking price

£373K

Across 128 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£373K

Average £366K, range £17K to £1.3M

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.9%
5 yr+0.3%
10 yr+2.4%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£1,600/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

133

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

Median asking price

£373K

Asking price range

£17K to £1.3M

Homes analysed

4,568

Behind the growth and area averages

For-sale listings equal 2.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.2%

  • Indicative gross yield of 5.2% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£373K

  • High entry price (£373K) squeezes HMO returns
  • 12% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • Slow exits: 91 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 128 in TN28.