Current Market Rents in NE16
Actual asking rents for rental properties calculated daily
Current market rents in NE16 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in NE16 with our Asking Rents Report for NE16.
Summary of Rental Properties in NE16
| Total rental properties in NE16: | 145 |
| Properties listed in the last 14 days: | 9 |
| Average rent of rental properties: | £882 |
| Median rent: | £775 |
| Average time on market (ToM) of unlet property in NE16: | 353 days |
| Median time on market (ToM) of unlet property: | 294 days |
Rental Properties in NE16 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £500 to £1,000 pcm | 119 | 371 days |
| £1,000 to £2,000 pcm | 24 | 253 days |
| £2,000 to £5,000 pcm | 1 | 265 days |
| over £5,000 pcm | 1 | 665 days |
Rental Prices in NE16 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 11 | £656 | £656 | 530 days |
| Two bedrooms | 77 | £736 | £736 | 355 days |
| Three bedrooms | 39 | £920 | £920 | 341 days |
| Four bedrooms | 8 | £1,331 | £1,331 | 247 days |
Rental Prices in NE16 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 54 | £824 | £824 | 348 days |
| Terraced | 45 | £842 | £842 | 370 days |
| Semi-detached | 24 | £885 | £885 | 371 days |
| Detached | 6 | £1,321 | £1,321 | 342 days |