Postcode district

DN16

157 for-sale listings13 to-let listingsWarm market

Median asking price

£170K

Across 157 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

5.6%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£170K

Average £178K, range £40K to £425K

Gross yield

5.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+2.9%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£800/mo

Of 13 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

170

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

Median asking price

£170K

Asking price range

£40K to £425K

Homes analysed

15,348

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.6%

  • Indicative gross yield of 5.6% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£170K

  • Low entry price (£170K) keeps conversion costs viable
  • 16% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • Slow exits: 93 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 157 in DN16.