Postcode district

NR29

269 for-sale listings5 to-let listingsWarm market

Median asking price

£270K

Across 269 for-sale listings

Growth, 3 years

-1.1%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

113

Average time on market

Investment overview

Median asking price

£270K

Average £290K, range £5K to £2.1M

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.1%
5 yr+1.3%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

113 days average time on market

Median asking rent

£1,000/mo

Of 5 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

274

For sale and to let. Excludes 13 that are not homes or not monthly rents

Median asking price

£270K

Asking price range

£5K to £2.1M

Homes analysed

13,081

Behind the growth and area averages

For-sale listings equal 2.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£270K

  • Moderate entry price (£270K)
  • 9% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-1.1% a year

  • Prices moving -1.1% a year over 3 years raises resale risk
  • Slow exits: 113 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 269 in NR29.