Postcode district

NW1

386 for-sale listings223 to-let listingsWarm market

Median asking price

£893K

Across 386 for-sale listings

Growth, 3 years

-9.6%

A year, annualised

Gross yield

4.6%

Indicative, from listing medians

Days on market

96

Average time on market

Investment overview

Median asking price

£893K

Average £2.3M, range £225K to £160.0M

Gross yield

4.6%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-9.6%
5 yr-2.1%
10 yr-0.7%

% a year, annualised over each horizon

Market heat

Warm

96 days average time on market

Median asking rent

£3,399/mo

Of 223 to-let listings

Most common type

Flat

3 bedrooms on average

Market data

Listings

Summary

Homes listed

609

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£893K

Asking price range

£225K to £160.0M

Homes analysed

34,360

Behind the growth and area averages

For-sale listings equal 1.1% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.6%

  • Moderate indicative gross yield of 4.6%
  • Median asking rent £3K a month

HMO

Weak

Median asking price

£893K

  • High entry price (£893K) squeezes HMO returns
  • 32% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-9.6% a year

  • Prices moving -9.6% a year over 3 years raises resale risk
  • Slow exits: 96 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 386 in NW1.