Postcode district

NE28

53 for-sale listings14 to-let listingsWarm market

Median asking price

£210K

Across 53 for-sale listings

Growth, 3 years

+2.0%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£210K

Average £223K, range £24K to £550K

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.0%
5 yr+3.0%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£825/mo

Of 14 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

67

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£210K

Asking price range

£24K to £550K

Homes analysed

23,489

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £825 a month

HMO

Moderate

Median asking price

£210K

  • Moderate entry price (£210K)
  • 16% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+2.0% a year

  • Prices rising +2.0% a year over 3 years
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 53 in NE28.