Postcode district

NR2

113 for-sale listings41 to-let listingsWarm market

Median asking price

£250K

Across 113 for-sale listings

Growth, 3 years

-0.1%

A year, annualised

Gross yield

6.0%

Indicative, from listing medians

Days on market

79

Average time on market

Investment overview

Median asking price

£250K

Average £318K, range £70K to £1.1M

Gross yield

6.0%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.1%
5 yr+1.6%
10 yr+2.6%

% a year, annualised over each horizon

Market heat

Warm

79 days average time on market

Median asking rent

£1,250/mo

Of 41 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

154

For sale and to let. Excludes 4 that are not homes or not monthly rents

Median asking price

£250K

Asking price range

£70K to £1.1M

Homes analysed

14,401

Behind the growth and area averages

For-sale listings equal 0.8% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.0%

  • Indicative gross yield of 6.0% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 31% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.1% a year

  • Prices moving -0.1% a year over 3 years raises resale risk
  • 79 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 113 in NR2.