Postcode district

NE15

98 for-sale listings12 to-let listingsWarm market

Median asking price

£240K

Across 98 for-sale listings

Growth, 3 years

-2.6%

A year, annualised

Gross yield

4.5%

Indicative, from listing medians

Days on market

61

Average time on market

Investment overview

Median asking price

£240K

Average £270K, range £45K to £900K

Gross yield

4.5%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.6%
5 yr-0.3%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

61 days average time on market

Median asking rent

£900/mo

Of 12 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

110

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£240K

Asking price range

£45K to £900K

Homes analysed

16,690

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.5%

  • Moderate indicative gross yield of 4.5%
  • Median asking rent £900 a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 14% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-2.6% a year

  • Prices moving -2.6% a year over 3 years raises resale risk
  • 61 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 98 in NE15.