Postcode district

TR2

107 for-sale listings3 to-let listingsCool market

Median asking price

£575K

Across 107 for-sale listings

Growth, 3 years

-4.0%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

122

Average time on market

Investment overview

Median asking price

£575K

Average £912K, range £130K to £12.5M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-4.0%
5 yr-2.4%
10 yr+2.0%

% a year, annualised over each horizon

Market heat

Cool

122 days average time on market

Median asking rent

£1,200/mo

Of 3 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

110

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£575K

Asking price range

£130K to £12.5M

Homes analysed

6,279

Behind the growth and area averages

For-sale listings equal 1.7% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in TR2, too few for an indicative yield.

HMO

Weak

Median asking price

£575K

  • High entry price (£575K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-4.0% a year

  • Prices moving -4.0% a year over 3 years raises resale risk
  • Slow exits: 122 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 107 in TR2.