Postcode district

NE4

48 for-sale listings50 to-let listingsWarm market

Median asking price

£193K

Across 48 for-sale listings

Growth, 3 years

+6.0%

A year, annualised

Gross yield

5.9%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£193K

Average £202K, range £60K to £450K

Gross yield

5.9%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.0%
5 yr0.0%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£950/mo

Of 50 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

98

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

Median asking price

£193K

Asking price range

£60K to £450K

Homes analysed

17,425

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.9%

  • Indicative gross yield of 5.9% from listing medians
  • Median asking rent £950 a month

HMO

Strong

Median asking price

£193K

  • Low entry price (£193K) keeps conversion costs viable
  • 27% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+6.0% a year

  • Prices rising +6.0% a year over 3 years
  • Slow exits: 93 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 48 in NE4.