Current Market Rents in NE38
Actual asking rents for rental properties calculated daily
Current market rents in NE38 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in NE38 with our Asking Rents Report for NE38.
Summary of Rental Properties in NE38
| Total rental properties in NE38: | 47 |
| Properties listed in the last 14 days: | 10 |
| Average rent of rental properties: | £7,580 |
| Median rent: | £1,250 |
| Average time on market (ToM) of unlet property in NE38: | 89 days |
| Median time on market (ToM) of unlet property: | 51 days |
Rental Properties in NE38 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 160 days |
| £250 to £500 pcm | 2 | 141 days |
| £500 to £1,000 pcm | 19 | 24 days |
| £1,000 to £2,000 pcm | 6 | 51 days |
| £2,000 to £5,000 pcm | 11 | 142 days |
| over £5,000 pcm | 8 | 176 days |
Rental Prices in NE38 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 1 | £550 | £550 | 11 days |
| Two bedrooms | 11 | £662 | £650 | 32 days |
| Three bedrooms | 8 | £854 | £838 | 14 days |
| Four bedrooms | 3 | £1,450 | £1,350 | 24 days |
Rental Prices in NE38 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 11 | £620 | £650 | 31 days |
| Terraced | 8 | £829 | £773 | 19 days |
| Semi-detached | 1 | £1,100 | £1,100 | 17 days |
| Detached | 2 | £1,348 | £995 | 25 days |