Postcode district

NE35

21 for-sale listings3 to-let listingsWarm market

Median asking price

£180K

Across 21 for-sale listings

Growth, 3 years

+8.3%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

75

Average time on market

Investment overview

Median asking price

£180K

Average £235K, range £85K to £450K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+8.3%
5 yr+3.0%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£650/mo

Of 3 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

24

For sale and to let

Median asking price

£180K

Asking price range

£85K to £450K

Homes analysed

2,968

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NE35, too few for an indicative yield.

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 11% of households rent privately
  • Most listings are semi detached

Flip

Strong

Growth, 3 years

+8.3% a year

  • Prices rising +8.3% a year over 3 years
  • 75 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 21 in NE35.