Postcode district

NR23

26 for-sale listings0 to-let listingsWarm market

Median asking price

£450K

Across 26 for-sale listings

Growth, 3 years

-8.4%

A year, annualised

Gross yield

-

No to-let listings

Days on market

91

Average time on market

Investment overview

Median asking price

£450K

Average £520K, range £75K to £1.8M

Gross yield

-

No to-let listings

Price growth

3 yr-8.4%
5 yr-3.6%
10 yr+0.2%

% a year, annualised over each horizon

Market heat

Warm

91 days average time on market

Median asking rent

-

No to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

26

For sale and to let

Median asking price

£450K

Asking price range

£75K to £1.8M

Homes analysed

2,455

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 NR23, so rental yield cannot be measured.

HMO

Weak

Median asking price

£450K

  • High entry price (£450K) squeezes HMO returns
  • 16% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-8.4% a year

  • Prices moving -8.4% a year over 3 years raises resale risk
  • Slow exits: 91 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 26 in NR23.