Postcode district

NE1

71 for-sale listings100 to-let listingsWarm market

Median asking price

£140K

Across 71 for-sale listings

Growth, 3 years

+1.7%

A year, annualised

Gross yield

8.1%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£140K

Average £141K, range £34K to £250K

Gross yield

8.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.7%
5 yr-0.6%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£950/mo

Of 100 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

171

For sale and to let

Median asking price

£140K

Asking price range

£34K to £250K

Homes analysed

9,473

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.1%

  • Indicative gross yield of 8.1% from listing medians
  • Median asking rent £950 a month

HMO

Strong

Median asking price

£140K

  • Low entry price (£140K) keeps conversion costs viable
  • 52% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.7% a year

  • Prices rising +1.7% a year over 3 years
  • 82 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 71 in NE1.