Postcode district

N16

134 for-sale listings75 to-let listingsWarm market

Median asking price

£570K

Across 134 for-sale listings

Growth, 3 years

-1.6%

A year, annualised

Gross yield

4.8%

Indicative, from listing medians

Days on market

75

Average time on market

Investment overview

Median asking price

£570K

Average £842K, range £225K to £7.5M

Gross yield

4.8%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.6%
5 yr0.0%
10 yr+0.3%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£2,300/mo

Of 75 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

209

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£570K

Asking price range

£225K to £7.5M

Homes analysed

28,984

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.8%

  • Moderate indicative gross yield of 4.8%
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£570K

  • High entry price (£570K) squeezes HMO returns
  • 33% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-1.6% a year

  • Prices moving -1.6% a year over 3 years raises resale risk
  • 75 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 134 in N16.