Postcode district

NR8

128 for-sale listings7 to-let listingsWarm market

Median asking price

£325K

Across 128 for-sale listings

Growth, 3 years

+0.1%

A year, annualised

Gross yield

5.2%

Indicative, from listing medians

Days on market

72

Average time on market

Investment overview

Median asking price

£325K

Average £334K, range £100K to £950K

Gross yield

5.2%

Strong

Indicative gross yield from listing medians

Price growth

3 yr+0.1%
5 yr+1.7%
10 yr+3.4%

% a year, annualised over each horizon

Market heat

Warm

72 days average time on market

Median asking rent

£1,400/mo

Of 7 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

135

For sale and to let. Excludes 2 that are not homes or not monthly rents

Median asking price

£325K

Asking price range

£100K to £950K

Homes analysed

10,315

Behind the growth and area averages

For-sale listings equal 1.2% 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

+0.1% a year

  • Prices moving +0.1% a year over 3 years raises resale risk
  • 72 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 128 in NR8.