Postcode district

NE67

7 for-sale listings0 to-let listingsWarm market

Median asking price

£350K

Across 7 for-sale listings

Growth, 3 years

-3.1%

A year, annualised

Gross yield

-

No to-let listings

Days on market

98

Average time on market

Investment overview

Median asking price

£350K

Average £381K, range £230K to £559K

Gross yield

-

No to-let listings

Price growth

3 yr-3.1%
5 yr-4.2%
10 yr+5.3%

% a year, annualised over each horizon

Market heat

Warm

98 days average time on market

Median asking rent

-

No to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

7

For sale and to let

Median asking price

£350K

Asking price range

£230K to £559K

Homes analysed

1,204

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • There are no to-let listings in NE67, so rental yield cannot be measured.

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 15% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-3.1% a year

  • Prices moving -3.1% a year over 3 years raises resale risk
  • Slow exits: 98 days average time on market
  • Long-run growth of +5.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 7 in NE67.