Postcode district

TN29

159 for-sale listings12 to-let listingsCool market

Median asking price

£349K

Across 159 for-sale listings

Growth, 3 years

-4.2%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

116

Average time on market

Investment overview

Median asking price

£349K

Average £393K, range £12K to £2.1M

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-4.2%
5 yr+0.2%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Cool

116 days average time on market

Median asking rent

£1,300/mo

Of 12 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

171

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

Median asking price

£349K

Asking price range

£12K to £2.1M

Homes analysed

6,540

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£349K

  • Moderate entry price (£349K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.2% a year

  • Prices moving -4.2% a year over 3 years raises resale risk
  • Slow exits: 116 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 159 in TN29.