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: | 17 |
| Properties listed in the last 14 days: | 0 |
| Average rent of rental properties: | £917 |
| Median rent: | £850 |
| Average time on market (ToM) of unlet property in NE16: | 118 days |
| Median time on market (ToM) of unlet property: | 27 days |
Rental Properties in NE16 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 0 | 0 days |
| £250 to £500 pcm | 1 | 66 days |
| £500 to £1,000 pcm | 13 | 140 days |
| £1,000 to £2,000 pcm | 3 | 40 days |
| £2,000 to £5,000 pcm | 0 | 0 days |
| over £5,000 pcm | 0 | 0 days |
Rental Prices in NE16 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 4 | £661 | £625 | 203 days |
| Two bedrooms | 6 | £742 | £700 | 152 days |
| Three bedrooms | 4 | £863 | £875 | 41 days |
| Four bedrooms | 3 | £1,683 | £1,850 | 40 days |
| Five bedrooms | 0 | £0 | £0 | 0 days |
Rental Prices in NE16 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 5 | £620 | £650 | 171 days |
| Terraced | 6 | £1,075 | £875 | 42 days |
| Semi-detached | 5 | £809 | £875 | 175 days |
| Detached | 1 | £2,000 | £2,000 | 25 days |