Postcode district

NR27

176 for-sale listings9 to-let listingsWarm market

Median asking price

£308K

Across 176 for-sale listings

Growth, 3 years

-3.6%

A year, annualised

Gross yield

3.7%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£308K

Average £324K, range £40K to £850K

Gross yield

3.7%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-3.6%
5 yr-0.5%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

104 days average time on market

Median asking rent

£950/mo

Of 9 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

185

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£308K

Asking price range

£40K to £850K

Homes analysed

7,574

Behind the growth and area averages

For-sale listings equal 2.3% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

3.7%

  • Moderate indicative gross yield of 3.7%
  • Median asking rent £950 a month

HMO

Moderate

Median asking price

£308K

  • Moderate entry price (£308K)
  • 21% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-3.6% a year

  • Prices moving -3.6% a year over 3 years raises resale risk
  • Slow exits: 104 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 176 in NR27.