marketcodeAsking rent
£975 a month 12 months to Jul 2026
272 lets
Postcode district
NE12 rental market
Asking rent £975 a month · Gross yield 5.3% · 12 months, listings to Aug 2026
What is NE12?
- Buildings
- 15,769
- Mixed-use buildings
- 47%
- HMO-shaped units
- 9.0%
What does NE12 earn?
NE12: asking rent £975 a month (12 months to Jul 2026, 272 lets).
Gross yield, asking basis
5.3% 12 months to Aug 2026
395 lets
+1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
48 on 21 Sep 2026
How does NE12 vary by home size?
Asking rent in NE12 runs from £661 a month for 1 bedroom to £1,163 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £661 a month | 12 months to Nov 2025 | — | 58 |
| 2 bedrooms | £843 a month | 12 months to Aug 2026 | +2.5% on the previous 12 months | 177 |
| 3 bedrooms | £1,163 a month | 12 months to Aug 2026 | +11.6% on the previous 12 months | 139 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns NE12?
Corporate landlords hold 88% of the 652 units in NE12 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords88% of classified · 571 units
- Housing associations7.4% of classified · 48 units
- Individuals (not traceable in bulk)4.9% of classified · 32 units
- RMC0.2% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does NE12 rank?
NE12 ranks 3rd of 6 postcode districts in North Tyneside for asking rent, at £975 a month.
Asking rent · postcode districts in North Tyneside
NE12 ranks 3rd of 6 postcode districts in North Tyneside for asking rent, at £975 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NE27 | £1,079 a month | 71 | indicative |
| 2 | NE30 | £1,020 a month | 227 | measured |
| 3 | NE12 | £975 a month | 272 | measured |
| 4 | NE26 | £969 a month | 167 | measured |
| 5 | NE28 | £767 a month | 301 | measured |
Full table: asking rent across postcode districts in North Tyneside →
Gross yield, asking basis · postcode districts in North Tyneside
NE12 ranks 2nd of 6 postcode districts in North Tyneside for gross yield, asking basis, at 5.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE28 | 5.4% | 399 | measured |
| 2 | NE12 | 5.3% | 395 | measured |
| 3 | NE29 | 5.1% | 510 | measured |
| 4 | NE27 | 4.6% | 120 | measured |
| 5 | NE30 | 3.8% | 290 | measured |
Full table: gross yield, asking basis across postcode districts in North Tyneside →
Where next from NE12?
- North TynesideThe wider market this area sits in.
- NE26Neighbouring postcode district · £3,271/m²
- NE27Neighbouring postcode district · £2,455/m²
- NE28Neighbouring postcode district · £2,298/m²
- NE29Neighbouring postcode district · £2,396/m²
- NE30Neighbouring postcode district · £3,591/m²
- NE13Next door, in another authority · £2,913/m²
- NE23Next door, in another authority · £2,283/m²
- NE3Next door, in another authority · £2,648/m²
- NE7Next door, in another authority · £2,788/m²
- NE2Next door, in another authority · £3,095/m²
- NE6Next door, in another authority · £1,949/m²
Questions about NE12
- What is the average rent in NE12?
- Homes to let in NE12 asked a median £975 a month over the 12 months to Jul 2026, 272 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE12?
- 5.3% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 395 lets. +1% on the previous 12 months.
Everything else about NE12
- Properties in NE12Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE12Footprints, heights and the units inside them.
- Land and plots in NE12Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE12What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE12What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE12Registered completions from Price Paid, newest first.
- Planning applications in NE12What was proposed, who decided it and whether it was approved.
- Estate agents active in NE12Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 272 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 395 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |