marketcodeAsking rent
£820 a month 12 months to Jul 2026
161 lets
Postcode district
NE38 rental market
Asking rent £820 a month · Gross yield 5.4% · 12 months, listings to Aug 2026
What is NE38?
- Buildings
- 13,529
- Mixed-use buildings
- 45%
- HMO-shaped units
- 1.0%
What does NE38 earn?
NE38: asking rent £820 a month (12 months to Jul 2026, 161 lets).
Gross yield, asking basis
5.4% 12 months to Aug 2026
214 lets
+8.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
38 on 20 Sep 2026
How does NE38 vary by home size?
Asking rent in NE38 runs from £724 a month for 2 bedrooms to £806 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £724 a month | 12 months to Aug 2026 | — | 95 |
| 3 bedrooms | £806 a month | 12 months to Aug 2026 | — | 83 |
| 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 NE38?
Corporate landlords hold 90% of the 466 units in NE38 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords90% of classified · 418 units
- Individuals (not traceable in bulk)6.0% of classified · 28 units
- Housing associations3.6% of classified · 17 units
- RMC0.6% of classified · 3 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 NE38 rank?
NE38 ranks 1st of 9 postcode districts in Sunderland for asking rent, at £820 a month.
Asking rent · postcode districts in Sunderland
NE38 ranks 1st of 9 postcode districts in Sunderland for asking rent, at £820 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NE38 | £820 a month | 161 | measured |
| 2 | SR3 | £815 a month | 189 | measured |
| 3 | SR5 | £792 a month | 264 | measured |
| 4 | DH4 | £732 a month | 206 | measured |
| 5 | SR1 | £727 a month | 246 | measured |
Full table: asking rent across postcode districts in Sunderland →
Gross yield, asking basis · postcode districts in Sunderland
NE38 ranks 5th of 9 postcode districts in Sunderland for gross yield, asking basis, at 5.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | SR1 | 15% | 592 | measured |
| 2 | SR5 | 7.2% | 402 | measured |
| 3 | SR4 | 6.6% | 481 | measured |
| 4 | NE37 | 5.4% | 151 | measured |
| 5 | NE38 | 5.4% | 214 | measured |
Full table: gross yield, asking basis across postcode districts in Sunderland →
Where next from NE38?
- SunderlandThe wider market this area sits in.
- DH4Neighbouring postcode district · £1,939/m²
- DH5Neighbouring postcode district · £1,688/m²
- NE37Neighbouring postcode district · £1,243/m²
- SR1Neighbouring postcode district · £973/m²
- SR2Neighbouring postcode district · £1,435/m²
- SR3Neighbouring postcode district · £2,278/m²
- SR4Neighbouring postcode district · £1,548/m²
- SR5Neighbouring postcode district · £1,693/m²
- DH3Next door, in another authority · £3,052/m²
- NE9Next door, in another authority · £2,000/m²
- DH2Next door, in another authority · £2,100/m²
- NE11Next door, in another authority · £1,981/m²
Questions about NE38
- What is the average rent in NE38?
- Homes to let in NE38 asked a median £820 a month over the 12 months to Jul 2026, 161 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE38?
- 5.4% 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, 214 lets. +8.8% on the previous 12 months.
Everything else about NE38
- Properties in NE38Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE38Footprints, heights and the units inside them.
- Land and plots in NE38Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE38What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE38What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE38Registered completions from Price Paid, newest first.
- Planning applications in NE38What was proposed, who decided it and whether it was approved.
- Estate agents active in NE38Who 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 | 161 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 214 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |