Postcode district

NR9

102 for-sale listings4 to-let listingsWarm market

Median asking price

£372K

Across 102 for-sale listings

Growth, 3 years

-0.8%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

75

Average time on market

Investment overview

Median asking price

£372K

Average £427K, range £110K to £1.4M

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr-0.8%
5 yr+2.0%
10 yr+2.8%

% a year, annualised over each horizon

Market heat

Warm

75 days average time on market

Median asking rent

£1,375/mo

Of 4 to-let listings

Most common type

Detached

3 bedrooms on average

Market data

Listings

Summary

Homes listed

106

For sale and to let

Median asking price

£372K

Asking price range

£110K to £1.4M

Homes analysed

9,729

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NR9, too few for an indicative yield.

HMO

Weak

Median asking price

£372K

  • High entry price (£372K) squeezes HMO returns
  • 11% of households rent privately
  • Most listings are detached

Flip

Weak

Growth, 3 years

-0.8% a year

  • Prices moving -0.8% a year over 3 years raises resale risk
  • 75 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 102 in NR9.