Postcode district

NE9

41 for-sale listings14 to-let listingsWarm market

Median asking price

£250K

Across 41 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

4.3%

Indicative, from listing medians

Days on market

102

Average time on market

Investment overview

Median asking price

£250K

Average £251K, range £48K to £800K

Gross yield

4.3%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+1.2%
10 yr+1.3%

% a year, annualised over each horizon

Market heat

Warm

102 days average time on market

Median asking rent

£900/mo

Of 14 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

55

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£250K

Asking price range

£48K to £800K

Homes analysed

17,627

Behind the growth and area averages

For-sale listings equal 0.2% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.3%

  • Moderate indicative gross yield of 4.3%
  • Median asking rent £900 a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 10% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • Slow exits: 102 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 41 in NE9.