Postcode district

TR26

143 for-sale listings10 to-let listingsWarm market

Median asking price

£475K

Across 143 for-sale listings

Growth, 3 years

-6.3%

A year, annualised

Gross yield

2.7%

Indicative, from listing medians

Days on market

89

Average time on market

Investment overview

Median asking price

£475K

Average £615K, range £65K to £2.8M

Gross yield

2.7%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-6.3%
5 yr-0.9%
10 yr+1.7%

% a year, annualised over each horizon

Market heat

Warm

89 days average time on market

Median asking rent

£1,050/mo

Of 10 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

153

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£475K

Asking price range

£65K to £2.8M

Homes analysed

8,680

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.7%

  • Low indicative gross yield of 2.7% limits rental returns
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£475K

  • High entry price (£475K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-6.3% a year

  • Prices moving -6.3% a year over 3 years raises resale risk
  • 89 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 143 in TR26.