Postcode district

NG6

146 for-sale listings34 to-let listingsWarm market

Median asking price

£192K

Across 146 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

80

Average time on market

Investment overview

Median asking price

£192K

Average £215K, range £65K to £700K

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+3.0%
10 yr+4.8%

% a year, annualised over each horizon

Market heat

Warm

80 days average time on market

Median asking rent

£910/mo

Of 34 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

180

For sale and to let

Median asking price

£192K

Asking price range

£65K to £700K

Homes analysed

18,073

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £910 a month

HMO

Strong

Median asking price

£192K

  • Low entry price (£192K) keeps conversion costs viable
  • 20% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • 80 days average time on market
  • Long-run growth of +4.8% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 146 in NG6.