Postcode district

NG11

109 for-sale listings24 to-let listingsWarm market

Median asking price

£250K

Across 109 for-sale listings

Growth, 3 years

-1.6%

A year, annualised

Gross yield

5.3%

Indicative, from listing medians

Days on market

68

Average time on market

Investment overview

Median asking price

£250K

Average £318K, range £60K to £1.3M

Gross yield

5.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.6%
5 yr+2.4%
10 yr+5.7%

% a year, annualised over each horizon

Market heat

Warm

68 days average time on market

Median asking rent

£1,098/mo

Of 24 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

133

For sale and to let

Median asking price

£250K

Asking price range

£60K to £1.3M

Homes analysed

18,631

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.3%

  • Indicative gross yield of 5.3% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 14% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-1.6% a year

  • Prices moving -1.6% a year over 3 years raises resale risk
  • 68 days average time on market
  • Long-run growth of +5.7% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 109 in NG11.