Postcode district

TN3

85 for-sale listings9 to-let listingsCool market

Median asking price

£825K

Across 85 for-sale listings

Growth, 3 years

+4.0%

A year, annualised

Gross yield

3.6%

Indicative, from listing medians

Days on market

123

Average time on market

Investment overview

Median asking price

£825K

Average £1.1M, range £175K to £4.5M

Gross yield

3.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+4.0%
5 yr+2.1%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Cool

123 days average time on market

Median asking rent

£2,499/mo

Of 9 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

94

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£825K

Asking price range

£175K to £4.5M

Homes analysed

5,043

Behind the growth and area averages

For-sale listings equal 1.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.6%

  • Moderate indicative gross yield of 3.6%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£825K

  • High entry price (£825K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+4.0% a year

  • Prices rising +4.0% a year over 3 years
  • Slow exits: 123 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 85 in TN3.