Postcode district

DN2

69 for-sale listings10 to-let listingsWarm market

Median asking price

£199K

Across 69 for-sale listings

Growth, 3 years

+2.3%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£199K

Average £219K, range £85K to £550K

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.3%
5 yr+2.8%
10 yr+4.9%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£672/mo

Of 10 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

79

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£199K

Asking price range

£85K to £550K

Homes analysed

11,518

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £672 a month

HMO

Strong

Median asking price

£199K

  • Low entry price (£199K) keeps conversion costs viable
  • 18% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+2.3% a year

  • Prices rising +2.3% a year over 3 years
  • Slow exits: 94 days average time on market
  • Long-run growth of +4.9% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 69 in DN2.