Postcode district

TR11

143 for-sale listings12 to-let listingsWarm market

Median asking price

£445K

Across 143 for-sale listings

Growth, 3 years

-2.1%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

86

Average time on market

Investment overview

Median asking price

£445K

Average £577K, range £130K to £3.4M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.1%
5 yr+0.8%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

86 days average time on market

Median asking rent

£1,375/mo

Of 12 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

155

For sale and to let. Excludes 8 that are not homes or not monthly rents

Median asking price

£445K

Asking price range

£130K to £3.4M

Homes analysed

17,064

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£445K

  • High entry price (£445K) squeezes HMO returns
  • 20% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.1% a year

  • Prices moving -2.1% a year over 3 years raises resale risk
  • 86 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 143 in TR11.