Postcode district

NP18

76 for-sale listings9 to-let listingsWarm market

Median asking price

£364K

Across 76 for-sale listings

Growth, 3 years

+0.6%

A year, annualised

Gross yield

4.1%

Indicative, from listing medians

Days on market

83

Average time on market

Investment overview

Median asking price

£364K

Average £399K, range £145K to £1.0M

Gross yield

4.1%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr+0.6%
5 yr+2.3%
10 yr+4.1%

% a year, annualised over each horizon

Market heat

Warm

83 days average time on market

Median asking rent

£1,250/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

85

For sale and to let

Median asking price

£364K

Asking price range

£145K to £1.0M

Homes analysed

7,938

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.1%

  • Moderate indicative gross yield of 4.1%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£364K

  • High entry price (£364K) squeezes HMO returns
  • 8% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.6% a year

  • Prices moving +0.6% a year over 3 years raises resale risk
  • 83 days average time on market
  • Long-run growth of +4.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 76 in NP18.