Postcode district

NE62

11 for-sale listings0 to-let listingsWarm market

Median asking price

£140K

Across 11 for-sale listings

Growth, 3 years

+1.6%

A year, annualised

Gross yield

-

No to-let listings

Days on market

80

Average time on market

Investment overview

Median asking price

£140K

Average £150K, range £30K to £320K

Gross yield

-

No to-let listings

Price growth

3 yr+1.6%
5 yr+7.5%
10 yr+2.5%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

-

No to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

11

For sale and to let

Median asking price

£140K

Asking price range

£30K to £320K

Homes analysed

4,620

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • There are no to-let listings in NE62, so rental yield cannot be measured.

HMO

Strong

Median asking price

£140K

  • Low entry price (£140K) keeps conversion costs viable
  • 12% of households rent privately
  • Most listings are semi detached

Flip

Moderate

Growth, 3 years

+1.6% a year

  • Prices rising +1.6% a year over 3 years
  • 80 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 11 in NE62.