Postcode district

NE33

144 for-sale listings25 to-let listingsWarm market

Median asking price

£178K

Across 144 for-sale listings

Growth, 3 years

+2.3%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£178K

Average £218K, range £35K to £685K

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.3%
5 yr+2.8%
10 yr+0.7%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£695/mo

Of 25 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

169

For sale and to let

Median asking price

£178K

Asking price range

£35K to £685K

Homes analysed

14,745

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £695 a month

HMO

Strong

Median asking price

£178K

  • Low entry price (£178K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+2.3% a year

  • Prices rising +2.3% 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 144 in NE33.