Postcode district

NE2

73 for-sale listings122 to-let listingsWarm market

Median asking price

£225K

Across 73 for-sale listings

Growth, 3 years

-3.2%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

111

Average time on market

Investment overview

Median asking price

£225K

Average £347K, range £60K to £1.7M

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.2%
5 yr+0.6%
10 yr+0.6%

% a year, annualised over each horizon

Market heat

Warm

111 days average time on market

Median asking rent

£801/mo

Of 122 to-let listings

Most common type

Flat

4 bedrooms on average

Market data

Listings

Summary

Homes listed

195

For sale and to let

Median asking price

£225K

Asking price range

£60K to £1.7M

Homes analysed

12,995

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £801 a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 45% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-3.2% a year

  • Prices moving -3.2% a year over 3 years raises resale risk
  • Slow exits: 111 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 73 in NE2.