Postcode district

TQ9

74 for-sale listings9 to-let listingsWarm market

Median asking price

£538K

Across 74 for-sale listings

Growth, 3 years

-1.0%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

68

Average time on market

Investment overview

Median asking price

£538K

Average £719K, range £180K to £4.0M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.0%
5 yr+2.1%
10 yr+4.0%

% a year, annualised over each horizon

Market heat

Warm

68 days average time on market

Median asking rent

£1,650/mo

Of 9 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

83

For sale and to let. Excludes 11 that are not homes or not monthly rents

Median asking price

£538K

Asking price range

£180K to £4.0M

Homes analysed

10,354

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£538K

  • High entry price (£538K) squeezes HMO returns
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.0% a year

  • Prices moving -1.0% a year over 3 years raises resale risk
  • 68 days average time on market
  • Long-run growth of +4.0% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 74 in TQ9.