Postcode district

NN16

79 for-sale listings22 to-let listingsWarm market

Median asking price

£210K

Across 79 for-sale listings

Growth, 3 years

0.0%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

85

Average time on market

Investment overview

Median asking price

£210K

Average £228K, range £80K to £825K

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr0.0%
5 yr+2.3%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

85 days average time on market

Median asking rent

£938/mo

Of 22 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

101

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

Median asking price

£210K

Asking price range

£80K to £825K

Homes analysed

15,185

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £938 a month

HMO

Moderate

Median asking price

£210K

  • Moderate entry price (£210K)
  • 29% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

0.0% a year

  • Prices moving 0.0% a year over 3 years raises resale risk
  • 85 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 79 in NN16.