Postcode district

NG8

244 for-sale listings33 to-let listingsWarm market

Median asking price

£280K

Across 244 for-sale listings

Growth, 3 years

+4.5%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

100

Average time on market

Investment overview

Median asking price

£280K

Average £309K, range £90K to £875K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+4.5%
5 yr+3.5%
10 yr+5.2%

% a year, annualised over each horizon

Market heat

Warm

100 days average time on market

Median asking rent

£1,150/mo

Of 33 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

277

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£280K

Asking price range

£90K to £875K

Homes analysed

27,429

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 14% of households rent privately
  • Most listings are detached

Flip

Strong

Growth, 3 years

+4.5% a year

  • Prices rising +4.5% a year over 3 years
  • Slow exits: 100 days average time on market
  • Long-run growth of +5.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 244 in NG8.