Postcode district

TR9

79 for-sale listings9 to-let listingsWarm market

Median asking price

£270K

Across 79 for-sale listings

Growth, 3 years

-2.9%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£270K

Average £300K, range £110K to £800K

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.9%
5 yr-0.4%
10 yr+3.7%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

£950/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

88

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£270K

Asking price range

£110K to £800K

Homes analysed

4,216

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 18% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.9% a year

  • Prices moving -2.9% a year over 3 years raises resale risk
  • Slow exits: 98 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 79 in TR9.