Postcode district

NE5

118 for-sale listings24 to-let listingsWarm market

Median asking price

£200K

Across 118 for-sale listings

Growth, 3 years

+0.2%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£200K

Average £218K, range £25K to £550K

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.2%
5 yr+1.9%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£895/mo

Of 24 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

142

For sale and to let

Median asking price

£200K

Asking price range

£25K to £550K

Homes analysed

24,131

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £895 a month

HMO

Moderate

Median asking price

£200K

  • Moderate entry price (£200K)
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

+0.2% a year

  • Prices moving +0.2% a year over 3 years raises resale risk
  • Slow exits: 90 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 118 in NE5.