Current Market Rents in NE12
Actual asking rents for rental properties calculated daily
Current market rents in NE12 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in NE12 with our Asking Rents Report for NE12.
Summary of Rental Properties in NE12
| Total rental properties in NE12: | 338 |
| Properties listed in the last 14 days: | 12 |
| Average rent of rental properties: | £1,319 |
| Median rent: | £900 |
| Average time on market (ToM) of unlet property in NE12: | 329 days |
| Median time on market (ToM) of unlet property: | 274 days |
Rental Properties in NE12 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 456 days |
| £250 to £500 pcm | 1 | 846 days |
| £500 to £1,000 pcm | 219 | 355 days |
| £1,000 to £2,000 pcm | 101 | 291 days |
| £2,000 to £5,000 pcm | 10 | 164 days |
| over £5,000 pcm | 6 | 166 days |
Rental Prices in NE12 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 40 | £675 | £675 | 312 days |
| Two bedrooms | 147 | £838 | £838 | 359 days |
| Three bedrooms | 102 | £1,104 | £1,104 | 327 days |
| Four bedrooms | 23 | £1,617 | £1,617 | 300 days |
| Five bedrooms | 3 | £1,333 | £1,333 | 276 days |
Rental Prices in NE12 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 125 | £772 | £772 | 342 days |
| Terraced | 64 | £965 | £965 | 315 days |
| Semi-detached | 62 | £1,033 | £1,033 | 376 days |
| Detached | 28 | £1,569 | £1,569 | 291 days |