Postcode district

NR15

113 for-sale listings4 to-let listingsWarm market

Median asking price

£375K

Across 113 for-sale listings

Growth, 3 years

-1.8%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

107

Average time on market

Investment overview

Median asking price

£375K

Average £491K, range £140K to £2.5M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-1.8%
5 yr-0.3%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

107 days average time on market

Median asking rent

£1,130/mo

Of 4 to-let listings

Most common type

Detached

4 bedrooms on average

Market data

Listings

Summary

Homes listed

117

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

Median asking price

£375K

Asking price range

£140K to £2.5M

Homes analysed

7,285

Behind the growth and area averages

For-sale listings equal 1.6% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NR15, too few for an indicative yield.

HMO

Weak

Median asking price

£375K

  • High entry price (£375K) squeezes HMO returns
  • 10% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.8% a year

  • Prices moving -1.8% a year over 3 years raises resale risk
  • Slow exits: 107 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 113 in NR15.