Postcode district

N1

403 for-sale listings221 to-let listingsWarm market

Median asking price

£695K

Across 403 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

5.5%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£695K

Average £986K, range £210K to £8.5M

Gross yield

5.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.9%
5 yr-1.0%
10 yr+0.3%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£3,200/mo

Of 221 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

624

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

Median asking price

£695K

Asking price range

£210K to £8.5M

Homes analysed

51,128

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.5%

  • Indicative gross yield of 5.5% from listing medians
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£695K

  • High entry price (£695K) squeezes HMO returns
  • 31% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • Slow exits: 91 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 403 in N1.