District market report

NE33 property market

£651/mo typical 2-bed flat rent

94 days typical time on market

£160k median asking price

Based on 357 listings on the market · NE33 district · as at 10 Oct 2026

Market temperature

94 daystypical time on the market 24% slower than North East

40%of homes already sale agreed 6pp fewer than North East

9%cut their asking price in the last 28 days 3pp fewer than North East

4.8%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	20	50%	62	30%	n=20
2 bed flat	122	48%	94	53%	n=122
3 bed flat	38	47%	79	45%	n=38
2 bed terraced	41	39%	121	68%	n=41
3 bed terraced	55	27%	103	55%	n=55

Buying here? The Good Buy Guide for NE33 ranks these segments and shows negotiating room.

Rents

Home	Typical rent	Range	Confidence	Sample
Studio flat	£566/mo	£509–£609	low confidence	n=4
1 bed flat	£595/mo	£493–£681	medium confidence	n=13
2 bed flat	£651/mo	£554–£738	high confidence	n=38
3 bed flat	£687/mo	£593–£806	medium confidence	n=26
4 bed flat	£925/mo	£778–£1,610	low confidence	n=5
1 bed house	£658/mo	£603–£715	low confidence	n=6
2 bed house	£759/mo	£627–£937	low confidence	n=8
3 bed house	£879/mo	£717–£1,100	medium confidence	n=11

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
4 bed flat	16.5%	£978/mo	£71k
3 bed flat	11.1%	£736/mo	£80k
1 bed flat	10.9%	£568/mo	£63k
5+ bed house	9.8%	£1,580/mo	£194k
2 bed house	9.7%	£701/mo	£87k
2 bed flat	9.4%	£651/mo	£83k
3 bed house	7.4%	£829/mo	£134k

Type	5 yrs	10 yrs	20 yrs
Flat/Maisonette	+21.3%	+18.6%	+4.3%
Terraced	+13.6%	+15.0%	+52.2%

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

The housing stock

49%built pre–1919

25%built 1945–1979

138 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.