Postcode district

NR5

122 for-sale listings27 to-let listingsWarm market

Median asking price

£250K

Across 122 for-sale listings

Growth, 3 years

-3.9%

A year, annualised

Gross yield

7.2%

Indicative, from listing medians

Days on market

74

Average time on market

Investment overview

Median asking price

£250K

Average £274K, range £80K to £500K

Gross yield

7.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-3.9%
5 yr+0.1%
10 yr+2.3%

% a year, annualised over each horizon

Market heat

Warm

74 days average time on market

Median asking rent

£1,500/mo

Of 27 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

149

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£250K

Asking price range

£80K to £500K

Homes analysed

13,676

Behind the growth and area averages

For-sale listings equal 0.9% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

7.2%

  • Indicative gross yield of 7.2% from listing medians
  • Median asking rent £2K a month

HMO

Moderate

Median asking price

£250K

  • Moderate entry price (£250K)
  • 18% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-3.9% a year

  • Prices moving -3.9% a year over 3 years raises resale risk
  • 74 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 122 in NR5.