Postcode district

NE12

116 for-sale listings12 to-let listingsWarm market

Median asking price

£220K

Across 116 for-sale listings

Growth, 3 years

+3.3%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

87

Average time on market

Investment overview

Median asking price

£220K

Average £253K, range £65K to £700K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.3%
5 yr+2.5%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

87 days average time on market

Median asking rent

£1,112/mo

Of 12 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

128

For sale and to let

Median asking price

£220K

Asking price range

£65K to £700K

Homes analysed

17,593

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£220K

  • Moderate entry price (£220K)
  • 11% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+3.3% a year

  • Prices rising +3.3% a year over 3 years
  • 87 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 116 in NE12.