The average rental value for new tenancies in the North East is £542 PCM. The average rental values in the region saw a 4.4% increase when compared to March 2020. This region ranks as the lowest region for average rental value in the UK.
The graph below shows the average rental value in the North East against the UK average. Below the graph, you can select the time period you want to be displayed and compare the historical average rental value in the North East against any other region in the UK.