marketcodeAsking rent
£882 a month 12 months to Jul 2026
690 lets
Postcode district
NE8 rental market
Asking rent £882 a month · Gross yield 8.3% · 12 months, listings to Aug 2026
What is NE8?
- Buildings
- 9,051
- Mixed-use buildings
- 2.7%
- HMO-shaped units
- 81%
What does NE8 earn?
NE8: asking rent £882 a month (12 months to Jul 2026, 690 lets).
Gross yield, asking basis
8.3% 12 months to Aug 2026
1,253 lets
+7.1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
271 on 20 Sep 2026
How does NE8 vary by home size?
Asking rent in NE8 runs from £662 a month for 1 bedroom to £1,316 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £662 a month | 12 months to Aug 2026 | +0.6% on the previous 12 months | 217 |
| 2 bedrooms | £896 a month | 12 months to Aug 2026 | +4.4% on the previous 12 months | 736 |
| 3 bedrooms | £971 a month | 12 months to Aug 2026 | -2.9% on the previous 12 months | 219 |
| 4 bedrooms | £1,316 a month | 12 months to Aug 2026 | — | 93 |
| 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 NE8?
Corporate landlords hold 70% of the 537 units in NE8 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords70% of classified · 376 units
- Housing associations15% of classified · 83 units
- Individuals (not traceable in bulk)13% of classified · 69 units
- RMC1.5% of classified · 8 units
- Offshore companies0.2% 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 NE8 rank?
NE8 ranks 3rd of 9 postcode districts in Gateshead for asking rent, at £882 a month.
Asking rent · postcode districts in Gateshead
NE8 ranks 3rd of 9 postcode districts in Gateshead for asking rent, at £882 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
NE8 ranks 2nd of 9 postcode districts in Gateshead for gross yield, asking basis, at 8.3%.
| # | 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 |
Full table: gross yield, asking basis across postcode districts in Gateshead →
Where next from NE8?
- 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
- NE40Neighbouring postcode district · £2,804/m²
- NE9Neighbouring postcode district · £2,000/m²
- NE1Next door, in another authority · £2,554/m²
- NE4Next door, in another authority · £2,364/m²
- NE6Next door, in another authority · £1,949/m²
- NE2Next door, in another authority · £3,095/m²
- NE7Next door, in another authority · £2,788/m²
- NE15Next door, in another authority · £2,308/m²
Questions about NE8
- What is the average rent in NE8?
- Homes to let in NE8 asked a median £882 a month over the 12 months to Jul 2026, 690 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE8?
- 8.3% 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, 1,253 lets. +7.1% on the previous 12 months.
Everything else about NE8
- Properties in NE8Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE8Footprints, heights and the units inside them.
- Land and plots in NE8Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE8What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE8What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE8Registered completions from Price Paid, newest first.
- Planning applications in NE8What was proposed, who decided it and whether it was approved.
- Estate agents active in NE8Who 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 | 690 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,253 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |