Postcode district

NE7

26 for-sale listings9 to-let listingsWarm market

Median asking price

£225K

Across 26 for-sale listings

Growth, 3 years

+6.0%

A year, annualised

Gross yield

9.3%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£225K

Average £247K, range £120K to £565K

Gross yield

9.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.0%
5 yr+2.4%
10 yr+3.6%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,750/mo

Of 9 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

35

For sale and to let

Median asking price

£225K

Asking price range

£120K to £565K

Homes analysed

6,676

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

9.3%

  • Indicative gross yield of 9.3% from listing medians
  • Median asking rent £2K a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 13% of households rent privately
  • Most listings are flat

Flip

Strong

Growth, 3 years

+6.0% a year

  • Prices rising +6.0% a year over 3 years
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 26 in NE7.