Postcode district

NE17

14 for-sale listings2 to-let listingsWarm market

Median asking price

£110K

Across 14 for-sale listings

Growth, 3 years

-1.9%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

117

Average time on market

Investment overview

Median asking price

£110K

Average £131K, range £60K to £300K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-1.9%
5 yr-0.2%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

117 days average time on market

Median asking rent

£662/mo

Of 2 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

16

For sale and to let

Median asking price

£110K

Asking price range

£60K to £300K

Homes analysed

2,525

Behind the growth and area averages

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

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NE17, too few for an indicative yield.

HMO

Strong

Median asking price

£110K

  • Low entry price (£110K) keeps conversion costs viable
  • 20% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-1.9% a year

  • Prices moving -1.9% a year over 3 years raises resale risk
  • Slow exits: 117 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 14 in NE17.