Postcode district

NP15

51 for-sale listings5 to-let listingsCool market

Median asking price

£450K

Across 51 for-sale listings

Growth, 3 years

+1.1%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

146

Average time on market

Investment overview

Median asking price

£450K

Average £577K, range £135K to £2.5M

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+1.1%
5 yr+0.9%
10 yr+4.6%

% a year, annualised over each horizon

Market heat

Cool

146 days average time on market

Median asking rent

£1,395/mo

Of 5 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

56

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

Median asking price

£450K

Asking price range

£135K to £2.5M

Homes analysed

3,522

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 13% of households rent privately
  • Most listings are detached

Flip

Moderate

Growth, 3 years

+1.1% a year

  • Prices rising +1.1% a year over 3 years
  • Slow exits: 146 days average time on market
  • Long-run growth of +4.6% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 51 in NP15.