Postcode district

NE6

66 for-sale listings48 to-let listingsWarm market

Median asking price

£175K

Across 66 for-sale listings

Growth, 3 years

+5.3%

A year, annualised

Gross yield

6.8%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£175K

Average £218K, range £55K to £600K

Gross yield

6.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+5.3%
5 yr+5.6%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£998/mo

Of 48 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

114

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£175K

Asking price range

£55K to £600K

Homes analysed

25,116

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.8%

  • Indicative gross yield of 6.8% from listing medians
  • Median asking rent £998 a month

HMO

Strong

Median asking price

£175K

  • Low entry price (£175K) keeps conversion costs viable
  • 21% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+5.3% a year

  • Prices rising +5.3% a year over 3 years
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 66 in NE6.