marketcodeAsking rent
£1,008 a month 12 months to Jul 2026
3,006 lets
Postcode district
NE1 rental market
Asking rent £1,008 a month · Gross yield 8.1% · 12 months, listings to Aug 2026
What is NE1?
- Buildings
- 1,345
- Mixed-use buildings
- 17%
- HMO-shaped units
- 1.1%
What does NE1 earn?
NE1: asking rent £1,008 a month (12 months to Jul 2026, 3,006 lets).
Gross yield, asking basis
8.1% 12 months to Aug 2026
8,874 lets
-7.9% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
1,327 on 20 Sep 2026
How does NE1 vary by home size?
Asking rent in NE1 runs from £805 a month for 1 bedroom to £2,389 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £805 a month | 12 months to Aug 2026 | -10.2% on the previous 12 months | 2474 |
| 2 bedrooms | £1,318 a month | 12 months to Aug 2026 | +2.6% on the previous 12 months | 1100 |
| 3 bedrooms | £1,802 a month | 12 months to Aug 2026 | +1.6% on the previous 12 months | 315 |
| 4 bedrooms | £1,950 a month | 12 months to Aug 2026 | — | 122 |
| 5+ bedrooms | £2,389 a month | 12 months to Aug 2026 | — | 134 |
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 NE1?
Corporate landlords hold 79% of the 286 units in NE1 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords79% of classified · 226 units
- Individuals (not traceable in bulk)21% of classified · 59 units
- Offshore companies0.3% 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 NE1 rank?
NE1 ranks 6th of 8 postcode districts in Newcastle upon Tyne for asking rent, at £1,008 a month.
Asking rent · postcode districts in Newcastle upon Tyne
NE1 ranks 6th of 8 postcode districts in Newcastle upon Tyne for asking rent, at £1,008 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NE2 | £1,796 a month | 4,087 | measured |
| 2 | NE13 | £1,222 a month | 212 | measured |
| 3 | NE6 | £1,213 a month | 1,472 | measured |
| 4 | NE7 | £1,082 a month | 192 | measured |
| 5 | NE3 | £1,081 a month | 764 | measured |
| 6 | NE1 | £1,008 a month | 3,006 | measured |
Full table: asking rent across postcode districts in Newcastle upon Tyne →
Gross yield, asking basis · postcode districts in Newcastle upon Tyne
NE1 ranks 1st of 8 postcode districts in Newcastle upon Tyne for gross yield, asking basis, at 8.1%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE1 | 8.1% | 8,874 | measured |
| 2 | NE2 | 7.9% | 5,881 | measured |
| 3 | NE6 | 7.6% | 1,919 | measured |
| 4 | NE4 | 6.3% | 4,440 | measured |
| 5 | NE5 | 5.6% | 426 | measured |
Full table: gross yield, asking basis across postcode districts in Newcastle upon Tyne →
Where next from NE1?
- Newcastle upon TyneThe wider market this area sits in.
- NE13Neighbouring postcode district · £2,913/m²
- NE2Neighbouring postcode district · £3,095/m²
- NE3Neighbouring postcode district · £2,648/m²
- NE4Neighbouring postcode district · £2,364/m²
- NE5Neighbouring postcode district · £2,024/m²
- NE6Neighbouring postcode district · £1,949/m²
- NE7Neighbouring postcode district · £2,788/m²
- NE8Next door, in another authority · £1,729/m²
- NE10Next door, in another authority · £2,819/m²
- NE11Next door, in another authority · £1,981/m²
- NE9Next door, in another authority · £2,000/m²
Questions about NE1
- What is the average rent in NE1?
- Homes to let in NE1 asked a median £1,008 a month over the 12 months to Jul 2026, 3,006 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE1?
- 8.1% 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, 8,874 lets. -7.9% on the previous 12 months.
Everything else about NE1
- Properties in NE1Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE1Footprints, heights and the units inside them.
- Land and plots in NE1Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE1What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE1What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE1Registered completions from Price Paid, newest first.
- Planning applications in NE1What was proposed, who decided it and whether it was approved.
- Estate agents active in NE1Who 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 | 3,006 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 8,874 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |