Postcode district

NR22

10 for-sale listings1 to-let listingsWarm market

Median asking price

£363K

Across 10 for-sale listings

Growth, 3 years

-6.7%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

70

Average time on market

Investment overview

Median asking price

£363K

Average £404K, range £235K to £730K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-6.7%
5 yr-3.2%
10 yr+0.3%

% a year, annualised over each horizon

Market heat

Warm

70 days average time on market

Median asking rent

£1,795/mo

Of 1 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

11

For sale and to let

Median asking price

£363K

Asking price range

£235K to £730K

Homes analysed

606

Behind the growth and area averages

For-sale listings equal 1.7% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NR22, too few for an indicative yield.

HMO

Weak

Median asking price

£363K

  • High entry price (£363K) squeezes HMO returns
  • 22% of households rent privately
  • Most listings are semi detached

Flip

Weak

Growth, 3 years

-6.7% a year

  • Prices moving -6.7% a year over 3 years raises resale risk
  • 70 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 10 in NR22.