Postcode district

NR7

207 for-sale listings8 to-let listingsWarm market

Median asking price

£280K

Across 207 for-sale listings

Growth, 3 years

+0.3%

A year, annualised

Gross yield

5.4%

Indicative, from listing medians

Days on market

92

Average time on market

Investment overview

Median asking price

£280K

Average £316K, range £80K to £1.2M

Gross yield

5.4%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.3%
5 yr+1.7%
10 yr+2.7%

% a year, annualised over each horizon

Market heat

Warm

92 days average time on market

Median asking rent

£1,250/mo

Of 8 to-let listings

Most common type

Semi detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

215

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

Median asking price

£280K

Asking price range

£80K to £1.2M

Homes analysed

16,249

Behind the growth and area averages

For-sale listings equal 1.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

5.4%

  • Indicative gross yield of 5.4% from listing medians
  • Median asking rent £1K a month

HMO

Moderate

Median asking price

£280K

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

Flip

Weak

Growth, 3 years

+0.3% a year

  • Prices moving +0.3% a year over 3 years raises resale risk
  • Slow exits: 92 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 207 in NR7.