Postcode district

TQ3

159 for-sale listings20 to-let listingsWarm market

Median asking price

£280K

Across 159 for-sale listings

Growth, 3 years

-0.7%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£280K

Average £297K, range £70K to £895K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.7%
5 yr+1.3%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,000/mo

Of 20 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

179

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

Median asking price

£280K

Asking price range

£70K to £895K

Homes analysed

15,840

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 20% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-0.7% a year

  • Prices moving -0.7% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 159 in TQ3.