Postcode district

NP23

68 for-sale listings23 to-let listingsWarm market

Median asking price

£200K

Across 68 for-sale listings

Growth, 3 years

-0.4%

A year, annualised

Gross yield

4.2%

Indicative, from listing medians

Days on market

71

Average time on market

Investment overview

Median asking price

£200K

Average £220K, range £80K to £630K

Gross yield

4.2%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.4%
5 yr+3.6%
10 yr+5.2%

% a year, annualised over each horizon

Market heat

Warm

71 days average time on market

Median asking rent

£700/mo

Of 23 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

91

For sale and to let. Excludes 15 that are not homes or not monthly rents

Median asking price

£200K

Asking price range

£80K to £630K

Homes analysed

15,120

Behind the growth and area averages

For-sale listings equal 0.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.2%

  • Moderate indicative gross yield of 4.2%
  • Median asking rent £700 a month

HMO

Moderate

Median asking price

£200K

  • Moderate entry price (£200K)
  • 13% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.4% a year

  • Prices moving -0.4% a year over 3 years raises resale risk
  • 71 days average time on market
  • Long-run growth of +5.2% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 68 in NP23.