Postcode district

NG31

175 for-sale listings42 to-let listingsWarm market

Median asking price

£235K

Across 175 for-sale listings

Growth, 3 years

+2.9%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

75

Average time on market

Investment overview

Median asking price

£235K

Average £260K, range £29K to £750K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+2.9%
5 yr+3.5%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£962/mo

Of 42 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

217

For sale and to let

Median asking price

£235K

Asking price range

£29K to £750K

Homes analysed

22,586

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £962 a month

HMO

Moderate

Median asking price

£235K

  • Moderate entry price (£235K)
  • 20% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+2.9% a year

  • Prices rising +2.9% a year over 3 years
  • 75 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 175 in NG31.