Postcode district

NG13

162 for-sale listings14 to-let listingsWarm market

Median asking price

£385K

Across 162 for-sale listings

Growth, 3 years

-3.6%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£385K

Average £436K, range £81K to £1.5M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.6%
5 yr+0.3%
10 yr+2.9%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£1,172/mo

Of 14 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

176

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£385K

Asking price range

£81K to £1.5M

Homes analysed

11,296

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£385K

  • High entry price (£385K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.6% a year

  • Prices moving -3.6% a year over 3 years raises resale risk
  • 82 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 162 in NG13.