Postcode district

NE49

12 for-sale listings2 to-let listingsWarm market

Median asking price

£270K

Across 12 for-sale listings

Growth, 3 years

+6.8%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

85

Average time on market

Investment overview

Median asking price

£270K

Average £349K, range £90K to £1.3M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+6.8%
5 yr+6.3%
10 yr+4.2%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

£775/mo

Of 2 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

14

For sale and to let

Median asking price

£270K

Asking price range

£90K to £1.3M

Homes analysed

2,261

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NE49, too few for an indicative yield.

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 15% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+6.8% a year

  • Prices rising +6.8% a year over 3 years
  • 85 days average time on market
  • Long-run growth of +4.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 12 in NE49.