Postcode district

NE13

65 for-sale listings5 to-let listingsWarm market

Median asking price

£320K

Across 65 for-sale listings

Growth, 3 years

-1.1%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

65

Average time on market

Investment overview

Median asking price

£320K

Average £342K, range £125K to £1.4M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.1%
5 yr-0.1%
10 yr+1.9%

% a year, annualised over each horizon

Market heat

Warm

65 days average time on market

Median asking rent

£1,295/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

70

For sale and to let

Median asking price

£320K

Asking price range

£125K to £1.4M

Homes analysed

10,841

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£320K

  • Moderate entry price (£320K)
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.1% a year

  • Prices moving -1.1% a year over 3 years raises resale risk
  • 65 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 65 in NE13.