District market report

NE3 property market

£951/mo typical 2-bed flat rent

66 days typical time on market

£190k median asking price

Based on 532 listings on the market · NE3 district · as at 31 Aug 2026

Market temperature

66 daystypical time on the market 17% quicker than North East

59%of homes already sale agreed 11pp more than North East

12%cut their asking price in the last 28 days in line with North East

5.5%typical cut, when sellers reduce

Compared with North East. "Sale agreed" means the seller has accepted an offer (shown as Sold STC on portals); the sale hasn't completed yet.

How each kind of property is selling

Segment	On market	Under offer	Days on market	Stale >90d	Sample
3 bed semi-detached	92	78%	23	20%	n=92
4 bed semi-detached	32	69%	56	20%	n=32
4 bed terraced	22	68%	61	29%	n=22
3 bed terraced	52	63%	51	32%	n=52
4 bed detached	21	57%	30	22%	n=21
2 bed terraced	23	57%	46	0%	n=23
2 bed flat	112	53%	130	60%	n=112
3 bed flat	33	42%	67	42%	n=33
1 bed flat	35	26%	89	50%	n=35

Buying here? The Good Buy Guide for NE3 ranks these segments and shows negotiating room.

Rents

Home	Typical rent	Range	Confidence	Sample
Studio flat	£901/mo	£601–£1,291	low confidence	n=8
1 bed flat	£918/mo	£700–£1,071	medium confidence	n=41
2 bed flat	£951/mo	£749–£1,300	high confidence	n=32
3 bed flat	£1,388/mo	£878–£1,973	medium confidence	n=28
1 bed house	£713/mo	£660–£741	low confidence	n=6
2 bed house	£1,015/mo	£874–£1,417	medium confidence	n=27
3 bed house	£1,200/mo	£960–£1,523	medium confidence	n=49
4 bed house	£1,879/mo	£1,376–£2,898	medium confidence	n=16
5+ bed house	£3,707/mo	£1,245–£3,840	low confidence	n=7

Confidence reflects the listings behind each figure: High 30+, Medium 10–29, Low under 10 recent listings for that exact size and area.

Check a specific home in the Rent Checker.

Yields and long-term growth

Segment	Gross yield	Rent	Price basis
1 bed flat	17.4%	£918/mo	£63k
3 bed flat	12.3%	£1,388/mo	£135k
2 bed flat	10.7%	£951/mo	£106k
4 bed house	8.6%	£1,879/mo	£261k
2 bed house	7.2%	£1,015/mo	£170k
3 bed house	6.8%	£1,200/mo	£213k

Type	5 yrs	10 yrs	20 yrs
Detached	+35.1%	+45.5%	+63.0%
Flat/Maisonette	+0.5%	+8.2%	+12.9%
Semi-Detached	+14.4%	+31.6%	+64.4%
Terraced	+16.3%	+31.7%	+62.5%

Investing round here? Open the Area Workbench for sector-by-sector rents and yields.

The housing stock

45%built 1945–1979

22%built 1919–1944

15%built pre–1919

250 m²typical registered plot (houses)

What does this era of housing typically need? The Good Buy Guide covers condition by era.

Buying here?Which kinds of property are the good buys the Good Buy Guide. Investing here?Sector-by-sector rents, yields and letting speed in the Workbench. Renting or letting?What a specific home rents for, in the Rent Checker.

About these figures. Statistics are aggregate figures from the uSurv Listings Index, compiled from publicly advertised residential listings across the UK, aggregated from multiple online sources, together with HM Land Registry price paid data, the EPC register and ONS statistics (Open Government Licence v3.0). Small samples are suppressed rather than published. No individual listing content is reproduced.