Postcode district

NP13

48 for-sale listings12 to-let listingsWarm market

Median asking price

£143K

Across 48 for-sale listings

Growth, 3 years

+6.2%

A year, annualised

Gross yield

6.4%

Indicative, from listing medians

Days on market

90

Average time on market

Investment overview

Median asking price

£143K

Average £179K, range £45K to £700K

Gross yield

6.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+6.2%
5 yr+6.2%
10 yr+6.2%

% a year, annualised over each horizon

Market heat

Warm

90 days average time on market

Median asking rent

£762/mo

Of 12 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

60

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

Median asking price

£143K

Asking price range

£45K to £700K

Homes analysed

9,199

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

6.4%

  • Indicative gross yield of 6.4% from listing medians
  • Median asking rent £762 a month

HMO

Strong

Median asking price

£143K

  • Low entry price (£143K) keeps conversion costs viable
  • 18% of households rent privately
  • Most listings are terraced

Flip

Strong

Growth, 3 years

+6.2% a year

  • Prices rising +6.2% a year over 3 years
  • Slow exits: 90 days average time on market
  • Long-run growth of +6.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 48 in NP13.