Postcode district

NN1

135 for-sale listings103 to-let listingsWarm market

Median asking price

£180K

Across 135 for-sale listings

Growth, 3 years

-0.1%

A year, annualised

Gross yield

6.5%

Indicative, from listing medians

Days on market

88

Average time on market

Investment overview

Median asking price

£180K

Average £193K, range £60K to £600K

Gross yield

6.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.1%
5 yr+0.7%
10 yr+3.2%

% a year, annualised over each horizon

Market heat

Warm

88 days average time on market

Median asking rent

£975/mo

Of 103 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

238

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£180K

Asking price range

£60K to £600K

Homes analysed

19,572

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.5%

  • Indicative gross yield of 6.5% from listing medians
  • Median asking rent £975 a month

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 44% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-0.1% a year

  • Prices moving -0.1% a year over 3 years raises resale risk
  • 88 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 135 in NN1.