Postcode district

NE3

100 for-sale listings29 to-let listingsWarm market

Median asking price

£190K

Across 100 for-sale listings

Growth, 3 years

+5.0%

A year, annualised

Gross yield

6.9%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£190K

Average £233K, range £55K to £1.0M

Gross yield

6.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.0%
5 yr+3.4%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£1,100/mo

Of 29 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

129

For sale and to let

Median asking price

£190K

Asking price range

£55K to £1.0M

Homes analysed

24,600

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.9%

  • Indicative gross yield of 6.9% from listing medians
  • Median asking rent £1K a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 16% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+5.0% a year

  • Prices rising +5.0% a year over 3 years
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 100 in NE3.