NE2, Newcastle upon Tyne house prices & rental yield

Postcode district in Newcastle upon Tyne, part of the NE postcode area

Likely student area · 1.0km from University of Newcastle-upon-Tyne

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Average asking price
£230k
UK avg £340k
Average rent (pcm)
£1,105
UK avg £1,300
Gross rental yield
5.8%
26% above UK avg
Net yield (estimated)
4.3%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
692
572% above UK avg

Summary

NE2 has a gross rental yield of 5.8%, 26% above the UK average, ranking #15 of 37 NE postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

NE2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £975 0 / 30
1 £130k £628 5.8% 16 / 155
2 £197k £1,200 7.3% 62 / 53
3 £375k £1,755 5.6% 12 / 62
4 £650k £1,907 3.5% 10 / 26
5+ £725k £3,076 5.1% 24 / 104

Nearby NE postcode districts, by yield

DistrictAvg buyAvg rentYield
NE7 £180k £1,525 10.2% Compare
NE6 £160k £1,278 9.6% Compare
NE8 £120k £950 9.5% Compare
NE3 £190k £1,250 7.9% Compare
NE37 £115k £750 7.8% Compare
NE10 £135k £825 7.3% Compare
NE1 £145k £875 7.2% Compare
NE4 £148k £875 7.1% Compare
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