Postcode district

N2

154 for-sale listings57 to-let listingsWarm market

Median asking price

£1.4M

Across 154 for-sale listings

Growth, 3 years

-4.0%

A year, annualised

Gross yield

2.0%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£1.4M

Average £3.8M, range £250K to £35.0M

Gross yield

2.0%

Weak

Indicative gross yield from listing medians

Price growth

3 yr-4.0%
5 yr+1.0%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£2,400/mo

Of 57 to-let listings

Most common type

Flat

4 bedrooms on average

Market data

Listings

Summary

Homes listed

211

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£1.4M

Asking price range

£250K to £35.0M

Homes analysed

10,612

Behind the growth and area averages

For-sale listings equal 1.5% of the homes analysed.

Strategy fit

Buy to let

Weak

Gross yield

2.0%

  • Low indicative gross yield of 2.0% limits rental returns
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£1.4M

  • High entry price (£1.4M) squeezes HMO returns
  • 26% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-4.0% a year

  • Prices moving -4.0% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 154 in N2.