Property investment stats for Wideopen, North East

• The average rental yield of 5.1% is attractive for investors seeking income, especially in the top-performing postcode district where yields reach 6.5%.
• Properties are selling quickly, with homes typically on the market for just 30 days, and sellers are achieving their asking prices, as shown by a median discount of £0 (the typical achieved discount).
• Affordability is a key advantage, with a price-to-income ratio of 4.5, which is lower than many other regions.

• The proportion of private rented homes is in the 8th percentile, suggesting limited demand from renters and potentially less scope for buy-to-let expansion.
• Capital values have changed by -1.6% over the past year, which may signal some volatility or a pause in growth momentum.
• The area has a very high proportion of older residents, with the 60+ population in the 93rd percentile, which could affect future demand dynamics.

Wideopen’s property market looks set to remain stable in the short term, underpinned by high owner-occupation and a strong showing for liquidity. The combination of quick sales and properties achieving their asking prices suggests that demand is steady, even if the rental market is relatively small. Investors focused on income will find the average yield of 5.1% and top district yield of 6.5% compelling, especially given the area’s affordability.

While capital growth over the most recent year has changed by -1.6%, the three-year record of 10.3% and annualised growth of 3.3% indicate resilience over a medium-term horizon. The older demographic profile may mean slower shifts in demand, but the overall outlook is mildly positive for those seeking stable, income-driven returns.