Postcode district

NE26

50 for-sale listings10 to-let listingsWarm market

Median asking price

£287K

Across 50 for-sale listings

Growth, 3 years

+6.3%

A year, annualised

Gross yield

5.8%

Indicative, from listing medians

Days on market

98

Average time on market

Investment overview

Median asking price

£287K

Average £321K, range £100K to £950K

Gross yield

5.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.3%
5 yr+4.5%
10 yr+4.8%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

£1,400/mo

Of 10 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

60

For sale and to let

Median asking price

£287K

Asking price range

£100K to £950K

Homes analysed

8,876

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.8%

  • Indicative gross yield of 5.8% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£287K

  • Moderate entry price (£287K)
  • 14% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+6.3% a year

  • Prices rising +6.3% a year over 3 years
  • Slow exits: 98 days average time on market
  • Long-run growth of +4.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 50 in NE26.