Postcode district

NE70

8 for-sale listings1 to-let listingsWarm market

Median asking price

£325K

Across 8 for-sale listings

Growth, 3 years

+2.5%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

152

Average time on market

Investment overview

Median asking price

£325K

Average £331K, range £180K to £495K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+2.5%
5 yr+0.6%
10 yr+3.0%

% a year, annualised over each horizon

Market heat

Warm

152 days average time on market

Median asking rent

£1,350/mo

Of 1 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

9

For sale and to let

Median asking price

£325K

Asking price range

£180K to £495K

Homes analysed

1,271

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

-

  • Fewer than 5 listings to let or for sale in NE70, too few for an indicative yield.

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 18% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+2.5% a year

  • Prices rising +2.5% a year over 3 years
  • Slow exits: 152 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 8 in NE70.