marketcodeAsking rent
£828 a month 12 months to Jul 2026
61 lets
Postcode district
NE40 rental market
Asking rent £828 a month · Gross yield 4.3% · 12 months, listings to Aug 2026
What is NE40?
- Buildings
- 7,014
- Mixed-use buildings
- 64%
- HMO-shaped units
- 0.0%
What does NE40 earn?
NE40: asking rent £828 a month (12 months to Jul 2026, 61 lets).
Gross yield, asking basis
4.3% 12 months to Aug 2026
100 lets
+7.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
22 on 21 Sep 2026
Who owns NE40?
Corporate landlords hold 83% of the 324 units in NE40 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords83% of classified · 268 units
- Housing associations11% of classified · 35 units
- Individuals (not traceable in bulk)5.6% of classified · 18 units
- RMC0.9% 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 NE40 rank?
NE40 ranks 5th of 9 postcode districts in Gateshead for asking rent, at £828 a month.
Asking rent · postcode districts in Gateshead
NE40 ranks 5th of 9 postcode districts in Gateshead for asking rent, at £828 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NE21 | £974 a month | 84 | indicative |
| 2 | NE39 | £915 a month | 64 | indicative |
| 3 | NE8 | £882 a month | 690 | measured |
| 4 | NE16 | £868 a month | 116 | measured |
| 5 | NE40 | £828 a month | 61 | indicative |
Full table: asking rent across postcode districts in Gateshead →
Gross yield, asking basis · postcode districts in Gateshead
NE40 ranks 9th of 9 postcode districts in Gateshead for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE17 | 10% | 133 | measured |
| 2 | NE8 | 8.3% | 1,253 | measured |
| 3 | NE10 | 6.5% | 330 | measured |
| 4 | NE11 | 5.7% | 161 | measured |
| 5 | NE21 | 5.6% | 125 | measured |
| 9 | NE40 | 4.3% | 100 | measured |
Full table: gross yield, asking basis across postcode districts in Gateshead →
Where next from NE40?
- GatesheadThe wider market this area sits in.
- NE10Neighbouring postcode district · £2,819/m²
- NE11Neighbouring postcode district · £1,981/m²
- NE16Neighbouring postcode district · £2,719/m²
- NE17Neighbouring postcode district · £1,260/m²
- NE21Neighbouring postcode district · £1,758/m²
- NE39Neighbouring postcode district · £2,468/m²
- NE8Neighbouring postcode district · £1,729/m²
- NE9Neighbouring postcode district · £2,000/m²
- NE15Next door, in another authority · £2,308/m²
- NE41Next door, in another authority · £3,438/m²
- NE42Next door, in another authority · £2,168/m²
- NE43Next door, in another authority · £2,965/m²
Questions about NE40
- What is the average rent in NE40?
- Homes to let in NE40 asked a median £828 a month over the 12 months to Jul 2026, 61 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE40?
- 4.3% 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, 100 lets. +7.3% on the previous 12 months.
Everything else about NE40
- Properties in NE40Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE40Footprints, heights and the units inside them.
- Land and plots in NE40Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE40What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE40What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE40Registered completions from Price Paid, newest first.
- Planning applications in NE40What was proposed, who decided it and whether it was approved.
- Estate agents active in NE40Who 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 | 61 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 100 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |