Postcode district

NE68

13 for-sale listings0 to-let listingsWarm market

Median asking price

£350K

Across 13 for-sale listings

Growth, 3 years

+6.4%

A year, annualised

Gross yield

-

No to-let listings

Days on market

85

Average time on market

Investment overview

Median asking price

£350K

Average £339K, range £150K to £550K

Gross yield

-

No to-let listings

Price growth

3 yr+6.4%
5 yr+2.6%
10 yr+5.3%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

-

No to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

13

For sale and to let

Median asking price

£350K

Asking price range

£150K to £550K

Homes analysed

1,510

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • There are no to-let listings in NE68, so rental yield cannot be measured.

HMO

Weak

Median asking price

£350K

  • High entry price (£350K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+6.4% a year

  • Prices rising +6.4% a year over 3 years
  • 85 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 13 in NE68.