Postcode district

TN9

125 for-sale listings19 to-let listingsWarm market

Median asking price

£350K

Across 125 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

99

Average time on market

Investment overview

Median asking price

£350K

Average £459K, range £170K to £1.8M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.4%
5 yr-0.0%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

99 days average time on market

Median asking rent

£1,500/mo

Of 19 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

144

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

Median asking price

£350K

Asking price range

£170K to £1.8M

Homes analysed

8,845

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 21% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • Slow exits: 99 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 125 in TN9.