Postcode district

NE8

92 for-sale listings40 to-let listingsWarm market

Median asking price

£130K

Across 92 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

8.8%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£130K

Average £151K, range £65K to £365K

Gross yield

8.8%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.4%
5 yr+0.8%
10 yr+0.4%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£950/mo

Of 40 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

132

For sale and to let

Median asking price

£130K

Asking price range

£65K to £365K

Homes analysed

16,944

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.8%

  • Indicative gross yield of 8.8% from listing medians
  • Median asking rent £950 a month

HMO

Strong

Median asking price

£130K

  • Low entry price (£130K) keeps conversion costs viable
  • 32% of households rent privately
  • Most listings are flat

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • Slow exits: 96 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 92 in NE8.