Postcode district

NE22

29 for-sale listings6 to-let listingsWarm market

Median asking price

£175K

Across 29 for-sale listings

Growth, 3 years

+5.3%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£175K

Average £198K, range £45K to £410K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+5.3%
5 yr+5.2%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£625/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

35

For sale and to let

Median asking price

£175K

Asking price range

£45K to £410K

Homes analysed

9,104

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £625 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 15% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+5.3% a year

  • Prices rising +5.3% a year over 3 years
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 29 in NE22.