Postcode district

NR30

156 for-sale listings34 to-let listingsWarm market

Median asking price

£198K

Across 156 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

4.4%

Indicative, from listing medians

Days on market

82

Average time on market

Investment overview

Median asking price

£198K

Average £232K, range £25K to £925K

Gross yield

4.4%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr+0.3%
10 yr+3.1%

% a year, annualised over each horizon

Market heat

Warm

82 days average time on market

Median asking rent

£725/mo

Of 34 to-let listings

Most common type

Terraced

4 bedrooms on average

Market data

Listings

Summary

Homes listed

190

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£198K

Asking price range

£25K to £925K

Homes analysed

16,083

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.4%

  • Moderate indicative gross yield of 4.4%
  • Median asking rent £725 a month

HMO

Strong

Median asking price

£198K

  • Low entry price (£198K) keeps conversion costs viable
  • 30% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • 82 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 156 in NR30.