Postcode district

NG15

290 for-sale listings13 to-let listingsWarm market

Median asking price

£252K

Across 290 for-sale listings

Growth, 3 years

-2.2%

A year, annualised

Gross yield

4.7%

Indicative, from listing medians

Days on market

78

Average time on market

Investment overview

Median asking price

£252K

Average £311K, range £65K to £1.9M

Gross yield

4.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.2%
5 yr+0.5%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

78 days average time on market

Median asking rent

£995/mo

Of 13 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

303

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

Median asking price

£252K

Asking price range

£65K to £1.9M

Homes analysed

21,411

Behind the growth and area averages

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

Strategy fit

Buy to let

Moderate

Gross yield

4.7%

  • Moderate indicative gross yield of 4.7%
  • Median asking rent £995 a month

HMO

Moderate

Median asking price

£252K

  • Moderate entry price (£252K)
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-2.2% a year

  • Prices moving -2.2% a year over 3 years raises resale risk
  • 78 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 290 in NG15.