Postcode district

NR6

171 for-sale listings5 to-let listingsCool market

Median asking price

£280K

Across 171 for-sale listings

Growth, 3 years

-1.8%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

104

Average time on market

Investment overview

Median asking price

£280K

Average £312K, range £110K to £800K

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-1.8%
5 yr+2.0%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Cool

104 days average time on market

Median asking rent

£1,150/mo

Of 5 to-let listings

Most common type

Bungalow

3 bedrooms on average

Market data

Listings

Summary

Homes listed

176

For sale and to let

Median asking price

£280K

Asking price range

£110K to £800K

Homes analysed

12,115

Behind the growth and area averages

For-sale listings equal 1.4% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

  • Moderate entry price (£280K)
  • 10% of households rent privately
  • Most listings are bungalow

Flip

Weak

Growth, 3 years

-1.8% a year

  • Prices moving -1.8% a year over 3 years raises resale risk
  • Slow exits: 104 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 171 in NR6.