Postcode district

NP22

55 for-sale listings6 to-let listingsWarm market

Median asking price

£180K

Across 55 for-sale listings

Growth, 3 years

+1.3%

A year, annualised

Gross yield

5.3%

Indicative, from listing medians

Days on market

66

Average time on market

Investment overview

Median asking price

£180K

Average £228K, range £85K to £800K

Gross yield

5.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+1.3%
5 yr+3.4%
10 yr+4.3%

% a year, annualised over each horizon

Market heat

Warm

66 days average time on market

Median asking rent

£800/mo

Of 6 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

61

For sale and to let. Excludes 7 that are not homes or not monthly rents

Median asking price

£180K

Asking price range

£85K to £800K

Homes analysed

10,055

Behind the growth and area averages

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

Strategy fit

Buy to let

Strong

Gross yield

5.3%

  • Indicative gross yield of 5.3% from listing medians
  • Median asking rent £800 a month

HMO

Strong

Median asking price

£180K

  • Low entry price (£180K) keeps conversion costs viable
  • 11% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.3% a year

  • Prices rising +1.3% a year over 3 years
  • 66 days average time on market
  • Long-run growth of +4.3% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 55 in NP22.