Postcode district

NP8

30 for-sale listings0 to-let listingsCool market

Median asking price

£393K

Across 30 for-sale listings

Growth, 3 years

+0.4%

A year, annualised

Gross yield

-

No to-let listings

Days on market

115

Average time on market

Investment overview

Median asking price

£393K

Average £540K, range £150K to £2.5M

Gross yield

-

No to-let listings

Price growth

3 yr+0.4%
5 yr+5.1%
10 yr+5.1%

% a year, annualised over each horizon

Market heat

Cool

115 days average time on market

Median asking rent

-

No to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

30

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£393K

Asking price range

£150K to £2.5M

Homes analysed

2,655

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • There are no to-let listings in NP8, so rental yield cannot be measured.

HMO

Weak

Median asking price

£393K

  • High entry price (£393K) squeezes HMO returns
  • 9% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

+0.4% a year

  • Prices moving +0.4% a year over 3 years raises resale risk
  • Slow exits: 115 days average time on market
  • Long-run growth of +5.1% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 30 in NP8.