Current Market Rents in Tyne and Wear
Actual asking rents for rental properties calculated daily
Current market rents in Tyne and Wear represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in Tyne and Wear with our Asking Rents Report for Tyne and Wear.
Summary of Rental Properties in Tyne and Wear
| Total rental properties in Tyne and Wear: | 1,943 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £1,006 |
| Median rent: | £904 |
| Average time on market (ToM) of unlet property in Tyne and Wear: | 268 days |
| Median time on market (ToM) of unlet property: | 84 days |
Rental Properties in Tyne and Wear by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 7 | 125 days |
| £250 to £500 pcm | 90 | 268 days |
| £500 to £1,000 pcm | 1,066 | 220 days |
| £1,000 to £2,000 pcm | 591 | 221 days |
| £2,000 to £5,000 pcm | 179 | 300 days |
| over £5,000 pcm | 10 | 481 days |
Rental Prices in Tyne and Wear by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 335 | £744 | £735 | 331 days |
| Two bedrooms | 703 | £885 | £816 | 243 days |
| Three bedrooms | 397 | £1,152 | £1,071 | 267 days |
| Four bedrooms | 110 | £1,539 | £1,558 | 219 days |
| Five bedrooms | 57 | £1,782 | £1,780 | 162 days |
Rental Prices in Tyne and Wear by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 1,163 | £862 | £778 | 279 days |
| Terraced | 230 | £1,240 | £1,141 | 280 days |
| Semi-detached | 161 | £1,089 | £1,019 | 177 days |
| Detached | 96 | £1,315 | £1,269 | 171 days |