Postcode district
NE18
Median asking price
£623K
Across 2 for-sale listings
Growth, 3 years
-11.3%
A year, annualised
Gross yield
-
No to-let listings
Days on market
131
Average time on market
Investment overview
Median asking price
£623K
Average £623K, range £495K to £750K
Gross yield
-
No to-let listings
Price growth
% a year, annualised over each horizon
Market heat
Cool
131 days average time on market
Median asking rent
-
No to-let listings
Most common type
Bungalow
4 bedrooms on average
Market data
Listings
Summary
Homes listed
2
For sale and to let
Median asking price
£623K
Asking price range
£495K to £750K
Homes analysed
430
Behind the growth and area averages
For-sale listings equal 0.5% of the homes analysed.
Strategy fit
Buy to let
Not assessedGross yield
-
- There are no to-let listings in NE18, so rental yield cannot be measured.
HMO
WeakMedian asking price
£623K
- High entry price (£623K) squeezes HMO returns
- 23% of households rent privately
- Most listings are bungalow
Flip
WeakGrowth, 3 years
-11.3% a year
- Prices moving -11.3% a year over 3 years raises resale risk
- Slow exits: 131 days average time on market
Recent listings
The 2 most recently updated for-sale listings, a sample of 2 in NE18.