Postcode district

NP11

120 for-sale listings11 to-let listingsWarm market

Median asking price

£190K

Across 120 for-sale listings

Growth, 3 years

+3.6%

A year, annualised

Gross yield

5.7%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£190K

Average £219K, range £90K to £850K

Gross yield

5.7%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+3.6%
5 yr+4.6%
10 yr+5.4%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£900/mo

Of 11 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

131

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£190K

Asking price range

£90K to £850K

Homes analysed

16,542

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.7%

  • Indicative gross yield of 5.7% from listing medians
  • Median asking rent £900 a month

HMO

Strong

Median asking price

£190K

  • Low entry price (£190K) keeps conversion costs viable
  • 12% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+3.6% a year

  • Prices rising +3.6% a year over 3 years
  • Slow exits: 96 days average time on market
  • Long-run growth of +5.4% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 120 in NP11.