Postcode district

NG1

155 for-sale listings180 to-let listingsWarm market

Median asking price

£135K

Across 155 for-sale listings

Growth, 3 years

-8.8%

A year, annualised

Gross yield

7.6%

Indicative, from listing medians

Days on market

91

Average time on market

Investment overview

Median asking price

£135K

Average £179K, range £20K to £1.4M

Gross yield

7.6%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-8.8%
5 yr-4.6%
10 yr+0.5%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

£850/mo

Of 180 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

335

For sale and to let. Excludes 6 that are not homes or not monthly rents

Median asking price

£135K

Asking price range

£20K to £1.4M

Homes analysed

13,345

Behind the growth and area averages

For-sale listings equal 1.2% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.6%

  • Indicative gross yield of 7.6% from listing medians
  • Median asking rent £850 a month

HMO

Strong

Median asking price

£135K

  • Low entry price (£135K) keeps conversion costs viable
  • 55% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-8.8% a year

  • Prices moving -8.8% a year over 3 years raises resale risk
  • Slow exits: 91 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 155 in NG1.