marketcodeAsking rent
£932 a month 12 months to Jul 2026
221 lets
Postcode district
NE15 rental market
Asking rent £932 a month · Gross yield 5.8% · 12 months, listings to Aug 2026
What is NE15?
- Buildings
- 9,833
- Mixed-use buildings
- 86%
- HMO-shaped units
- 2.0%
What does NE15 earn?
NE15: asking rent £932 a month (12 months to Jul 2026, 221 lets).
Gross yield, asking basis
5.8% 12 months to Aug 2026
380 lets
+10.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
82 on 22 Sep 2026
How does NE15 vary by home size?
Asking rent in NE15 runs from £797 a month for 2 bedrooms to £1,055 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £797 a month | 12 months to Aug 2026 | +7.9% on the previous 12 months | 107 |
| 3 bedrooms | £1,055 a month | 12 months to Aug 2026 | +3.3% on the previous 12 months | 175 |
| 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 NE15?
Corporate landlords hold 84% of the 708 units in NE15 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords84% of classified · 598 units
- Individuals (not traceable in bulk)9.5% of classified · 67 units
- Housing associations5.4% of classified · 38 units
- RMC0.7% of classified · 5 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 NE15 rank?
NE15 ranks 7th of 17 postcode districts in Northumberland for asking rent, at £932 a month.
Asking rent · postcode districts in Northumberland
NE15 ranks 7th of 17 postcode districts in Northumberland for asking rent, at £932 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NE20 | £2,385 a month | 57 | indicative |
| 2 | NE45 | £1,417 a month | 39 | indicative |
| 3 | NE65 | £1,209 a month | 68 | indicative |
| 4 | NE61 | £1,018 a month | 209 | measured |
| 5 | NE66 | £1,017 a month | 57 | indicative |
| 7 | NE15 | £932 a month | 221 | measured |
Full table: asking rent across postcode districts in Northumberland →
Gross yield, asking basis · postcode districts in Northumberland
NE15 ranks 1st of 18 postcode districts in Northumberland for gross yield, asking basis, at 5.8%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE15 | 5.8% | 380 | measured |
| 2 | DH8 | 5.8% | 296 | measured |
| 3 | NE64 | 5.8% | 67 | indicative |
| 4 | NE62 | 5.6% | 77 | indicative |
| 5 | NE24 | 5.5% | 415 | measured |
Full table: gross yield, asking basis across postcode districts in Northumberland →
Where next from NE15?
- NorthumberlandThe wider market this area sits in.
- DH8Neighbouring postcode district · £2,099/m²
- NE18Neighbouring postcode district · £1,240/m²
- NE19Neighbouring postcode district · £4,212/m²
- NE20Neighbouring postcode district · £4,989/m²
- NE22Neighbouring postcode district · £1,992/m²
- NE23Neighbouring postcode district · £2,283/m²
- NE24Neighbouring postcode district · £1,638/m²
- NE25Neighbouring postcode district · £3,035/m²
- NE21Next door, in another authority · £1,758/m²
- NE4Next door, in another authority · £2,364/m²
- NE40Next door, in another authority · £2,804/m²
- NE5Next door, in another authority · £2,024/m²
- NE11Next door, in another authority · £1,981/m²
- NE16Next door, in another authority · £2,719/m²
Questions about NE15
- What is the average rent in NE15?
- Homes to let in NE15 asked a median £932 a month over the 12 months to Jul 2026, 221 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE15?
- 5.8% 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, 380 lets. +10.3% on the previous 12 months.
Everything else about NE15
- Properties in NE15Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE15Footprints, heights and the units inside them.
- Land and plots in NE15Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE15What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE15What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE15Registered completions from Price Paid, newest first.
- Planning applications in NE15What was proposed, who decided it and whether it was approved.
- Estate agents active in NE15Who 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 | 221 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 380 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 22 Sep 2026 | 22 Sep 2026 | — |