Postcode district

NN7

113 for-sale listings16 to-let listingsWarm market

Median asking price

£375K

Across 113 for-sale listings

Growth, 3 years

-0.2%

A year, annualised

Gross yield

5.1%

Indicative, from listing medians

Days on market

75

Average time on market

Investment overview

Median asking price

£375K

Average £465K, range £85K to £1.8M

Gross yield

5.1%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.2%
5 yr+0.9%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£1,592/mo

Of 16 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

129

For sale and to let. Excludes 5 that are not homes or not monthly rents

Median asking price

£375K

Asking price range

£85K to £1.8M

Homes analysed

14,341

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.1%

  • Indicative gross yield of 5.1% from listing medians
  • Median asking rent £2K a month

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.2% a year

  • Prices moving -0.2% a year over 3 years raises resale risk
  • 75 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 113 in NN7.