Postcode district

NR3

86 for-sale listings33 to-let listingsWarm market

Median asking price

£210K

Across 86 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

6.3%

Indicative, from listing medians

Days on market

77

Average time on market

Investment overview

Median asking price

£210K

Average £234K, range £65K to £700K

Gross yield

6.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-0.8%
5 yr+1.5%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£1,100/mo

Of 33 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

119

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

Median asking price

£210K

Asking price range

£65K to £700K

Homes analysed

18,543

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

6.3%

  • Indicative gross yield of 6.3% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£210K

  • Moderate entry price (£210K)
  • 25% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • 77 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 86 in NR3.