Postcode district

NR14

83 for-sale listings6 to-let listingsWarm market

Median asking price

£400K

Across 83 for-sale listings

Growth, 3 years

-0.5%

A year, annualised

Gross yield

3.4%

Indicative, from listing medians

Days on market

56

Average time on market

Investment overview

Median asking price

£400K

Average £505K, range £145K to £2.0M

Gross yield

3.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-0.5%
5 yr-0.6%
10 yr+3.3%

% a year, annualised over each horizon

Market heat

Warm

56 days average time on market

Median asking rent

£1,125/mo

Of 6 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

89

For sale and to let

Median asking price

£400K

Asking price range

£145K to £2.0M

Homes analysed

12,888

Behind the growth and area averages

For-sale listings equal 0.6% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.4%

  • Moderate indicative gross yield of 3.4%
  • Median asking rent £1K a month

HMO

Weak

Median asking price

£400K

  • High entry price (£400K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.5% a year

  • Prices moving -0.5% a year over 3 years raises resale risk
  • 56 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 83 in NR14.