Postcode district

TR4

130 for-sale listings15 to-let listingsCool market

Median asking price

£342K

Across 130 for-sale listings

Growth, 3 years

-3.0%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£342K

Average £461K, range £25K to £1.9M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.0%
5 yr0.0%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Cool

100 days average time on market

Median asking rent

£1,325/mo

Of 15 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

145

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

Median asking price

£342K

Asking price range

£25K to £1.9M

Homes analysed

6,541

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£342K

  • Moderate entry price (£342K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.0% a year

  • Prices moving -3.0% a year over 3 years raises resale risk
  • Slow exits: 100 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 130 in TR4.