Postcode district

NE27

44 for-sale listings4 to-let listingsCool market

Median asking price

£285K

Across 44 for-sale listings

Growth, 3 years

+7.7%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

110

Average time on market

Investment overview

Median asking price

£285K

Average £315K, range £110K to £895K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+7.7%
5 yr+4.3%
10 yr+4.5%

% a year, annualised over each horizon

Market heat

Cool

110 days average time on market

Median asking rent

£1,425/mo

Of 4 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

48

For sale and to let

Median asking price

£285K

Asking price range

£110K to £895K

Homes analysed

7,321

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 NE27, too few for an indicative yield.

HMO

Moderate

Median asking price

£285K

  • Moderate entry price (£285K)
  • 11% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+7.7% a year

  • Prices rising +7.7% a year over 3 years
  • Slow exits: 110 days average time on market
  • Long-run growth of +4.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 44 in NE27.