Postcode district

NN18

185 for-sale listings28 to-let listingsWarm market

Median asking price

£225K

Across 185 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

6.1%

Indicative, from listing medians

Days on market

94

Average time on market

Investment overview

Median asking price

£225K

Average £255K, range £90K to £850K

Gross yield

6.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+1.9%
10 yr+3.9%

% a year, annualised over each horizon

Market heat

Warm

94 days average time on market

Median asking rent

£1,150/mo

Of 28 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

213

For sale and to let

Median asking price

£225K

Asking price range

£90K to £850K

Homes analysed

16,185

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.1%

  • Indicative gross yield of 6.1% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£225K

  • Moderate entry price (£225K)
  • 20% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • Slow exits: 94 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 185 in NN18.