Postcode district

NR34

85 for-sale listings9 to-let listingsWarm market

Median asking price

£325K

Across 85 for-sale listings

Growth, 3 years

-1.5%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

95

Average time on market

Investment overview

Median asking price

£325K

Average £366K, range £30K to £1.1M

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-1.5%
5 yr-1.2%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

95 days average time on market

Median asking rent

£1,400/mo

Of 9 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

94

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

Median asking price

£325K

Asking price range

£30K to £1.1M

Homes analysed

11,346

Behind the growth and area averages

For-sale listings equal 0.7% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.2%

  • Indicative gross yield of 5.2% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£325K

  • Moderate entry price (£325K)
  • 14% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-1.5% a year

  • Prices moving -1.5% a year over 3 years raises resale risk
  • Slow exits: 95 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 85 in NR34.