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: | 559 |
| Properties listed in the last 14 days: | 7 |
| Average rent of rental properties: | £28,222 |
| Median rent: | £41,495 |
| Average time on market (ToM) of unlet property in NE38: | 269 days |
| Median time on market (ToM) of unlet property: | 240 days |
Rental Properties in NE38 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 2 | 195 days |
| £250 to £500 pcm | 5 | 428 days |
| £500 to £1,000 pcm | 154 | 321 days |
| £1,000 to £2,000 pcm | 13 | 665 days |
| £2,000 to £5,000 pcm | 8 | 339 days |
| over £5,000 pcm | 377 | 230 days |
Rental Prices in NE38 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 19 | £532 | £532 | 446 days |
| Two bedrooms | 73 | £692 | £692 | 328 days |
| Three bedrooms | 55 | £900 | £900 | 321 days |
| Four bedrooms | 15 | £1,262 | £1,262 | 368 days |
| Five bedrooms | 4 | £1,373 | £1,373 | 200 days |
Rental Prices in NE38 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 66 | £618 | £618 | 359 days |
| Terraced | 62 | £780 | £780 | 321 days |
| Semi-detached | 18 | £930 | £930 | 283 days |
| Detached | 8 | £2,168 | £2,168 | 372 days |