Postcode district

TQ6

97 for-sale listings13 to-let listingsWarm market

Median asking price

£425K

Across 97 for-sale listings

Growth, 3 years

-3.4%

A year, annualised

Gross yield

3.2%

Indicative, from listing medians

Days on market

109

Average time on market

Investment overview

Median asking price

£425K

Average £626K, range £60K to £5.5M

Gross yield

3.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.4%
5 yr-1.6%
10 yr+1.5%

% a year, annualised over each horizon

Market heat

Warm

109 days average time on market

Median asking rent

£1,150/mo

Of 13 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

110

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£425K

Asking price range

£60K to £5.5M

Homes analysed

6,276

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.2%

  • Moderate indicative gross yield of 3.2%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£425K

  • High entry price (£425K) squeezes HMO returns
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.4% a year

  • Prices moving -3.4% a year over 3 years raises resale risk
  • Slow exits: 109 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 97 in TQ6.