marketcodeAsking rent
£906 a month 12 months to Jul 2026
283 lets
Postcode district
NE23 rental market
Asking rent £906 a month · Gross yield 4.6% · 12 months, listings to Aug 2026
What is NE23?
- Buildings
- 18,867
- Mixed-use buildings
- 39%
- HMO-shaped units
- 1.0%
What does NE23 earn?
NE23: asking rent £906 a month (12 months to Jul 2026, 283 lets).
Gross yield, asking basis
4.6% 12 months to Aug 2026
374 lets
-7.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
26 on 21 Sep 2026
How does NE23 vary by home size?
Asking rent in NE23 runs from £723 a month for 2 bedrooms to £1,033 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £723 a month | 12 months to Aug 2026 | +5% on the previous 12 months | 146 |
| 3 bedrooms | £1,033 a month | 12 months to Aug 2026 | -3.5% on the previous 12 months | 145 |
| 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 NE23?
Corporate landlords hold 89% of the 943 units in NE23 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords89% of classified · 842 units
- Individuals (not traceable in bulk)5.5% of classified · 52 units
- Housing associations5.1% of classified · 48 units
- RMC0.1% 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 NE23 rank?
NE23 ranks 9th of 17 postcode districts in Northumberland for asking rent, at £906 a month.
Asking rent · postcode districts in Northumberland
NE23 ranks 9th of 17 postcode districts in Northumberland for asking rent, at £906 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 |
| 9 | NE23 | £906 a month | 283 | measured |
Full table: asking rent across postcode districts in Northumberland →
Gross yield, asking basis · postcode districts in Northumberland
NE23 ranks 8th of 18 postcode districts in Northumberland for gross yield, asking basis, at 4.6%.
| # | 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 |
| 8 | NE23 | 4.6% | 374 | measured |
Full table: gross yield, asking basis across postcode districts in Northumberland →
Where next from NE23?
- NorthumberlandThe wider market this area sits in.
- DH8Neighbouring postcode district · £2,099/m²
- NE15Neighbouring postcode district · £2,308/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
- NE24Neighbouring postcode district · £1,638/m²
- NE25Neighbouring postcode district · £3,035/m²
- NE12Next door, in another authority · £3,141/m²
- NE13Next door, in another authority · £2,913/m²
- NE27Next door, in another authority · £2,455/m²
- NE3Next door, in another authority · £2,648/m²
- NE26Next door, in another authority · £3,271/m²
Questions about NE23
- What is the average rent in NE23?
- Homes to let in NE23 asked a median £906 a month over the 12 months to Jul 2026, 283 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE23?
- 4.6% 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, 374 lets. -7.3% on the previous 12 months.
Everything else about NE23
- Properties in NE23Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE23Footprints, heights and the units inside them.
- Land and plots in NE23Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE23What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE23What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE23Registered completions from Price Paid, newest first.
- Planning applications in NE23What was proposed, who decided it and whether it was approved.
- Estate agents active in NE23Who 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 | 283 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 374 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |