Postcode district

NE10

31 for-sale listings17 to-let listingsWarm market

Median asking price

£120K

Across 31 for-sale listings

Growth, 3 years

+4.6%

A year, annualised

Gross yield

8.0%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£120K

Average £148K, range £50K to £700K

Gross yield

8.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+4.6%
5 yr+3.5%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£800/mo

Of 17 to-let listings

Most common type

Semi detached

2 bedrooms on average

Market data

Listings

Summary

Homes listed

48

For sale and to let

Median asking price

£120K

Asking price range

£50K to £700K

Homes analysed

16,800

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.0%

  • Indicative gross yield of 8.0% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£120K

  • Low entry price (£120K) keeps conversion costs viable
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+4.6% a year

  • Prices rising +4.6% a year over 3 years
  • Slow exits: 93 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 31 in NE10.