Postcode district

DH2

79 for-sale listings15 to-let listingsWarm market

Median asking price

£175K

Across 79 for-sale listings

Growth, 3 years

-1.2%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

68

Average time on market

Investment overview

Median asking price

£175K

Average £200K, range £36K to £575K

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.2%
5 yr+1.2%
10 yr+1.8%

% a year, annualised over each horizon

Market heat

Warm

68 days average time on market

Median asking rent

£750/mo

Of 15 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

94

For sale and to let

Median asking price

£175K

Asking price range

£36K to £575K

Homes analysed

15,199

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £750 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 11% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-1.2% a year

  • Prices moving -1.2% a year over 3 years raises resale risk
  • 68 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 79 in DH2.