Average asking price
£265k
UK avg £340k
Postcode district in Newcastle upon Tyne, part of the NE postcode area
Likely student area · 1.0km from University of Newcastle-upon-Tyne
NE2 has a gross rental yield of 4.4%, 2% below the UK average, ranking #31 of 39 NE postcode districts by yield.
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.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £60k | £975 | — | 1 / 29 |
| 1 | £145k | £628 | 5.2% | 12 / 167 |
| 2 | £215k | £1,200 | 6.7% | 56 / 58 |
| 3 | £360k | £1,560 | 5.2% | 18 / 53 |
| 4 | £500k | £2,436 | 5.8% | 11 / 20 |
| 5+ | £565k | £3,120 | 6.6% | 29 / 57 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| NE8 | £115k | £950 | 9.9% | Compare |
| NE6 | £170k | £1,250 | 8.8% | Compare |
| NE1 | £140k | £875 | 7.5% | Compare |
| NE17 | £100k | £600 | 7.2% | Compare |
| NE4 | £150k | £888 | 7.1% | Compare |
| NE10 | £140k | £800 | 6.9% | Compare |
| NE12 | £200k | £1,100 | 6.6% | Compare |
| NE7 | £200k | £1,075 | 6.5% | Compare |