Postcode district

TR19

111 for-sale listings8 to-let listingsWarm market

Median asking price

£365K

Across 111 for-sale listings

Growth, 3 years

-2.3%

A year, annualised

Gross yield

4.0%

Indicative, from listing medians

Days on market

102

Average time on market

Investment overview

Median asking price

£365K

Average £403K, range £54K to £1.0M

Gross yield

4.0%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.3%
5 yr-0.9%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

102 days average time on market

Median asking rent

£1,225/mo

Of 8 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

119

For sale and to let. Excludes 15 that are not homes or not monthly rents

Median asking price

£365K

Asking price range

£54K to £1.0M

Homes analysed

5,827

Behind the growth and area averages

For-sale listings equal 1.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.0%

  • Moderate indicative gross yield of 4.0%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£365K

  • High entry price (£365K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-2.3% a year

  • Prices moving -2.3% a year over 3 years raises resale risk
  • Slow exits: 102 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 111 in TR19.