NE2 house prices & rental yield

Postcode district in the NE postcode area · updated monthly from live market listings

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

Average asking price
£240k
UK avg £340k
Average rent (pcm)
£1,200
UK avg £1,320
Gross rental yield
6.0%
29% above UK avg
Net yield (estimated)
4.5%
assumes ~25% costs, excl. mortgage

Summary

NE2 has a gross rental yield of 6.0%, 29% above the UK average, ranking #12 of 38 NE postcode districts by yield.

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 / 32
1 £130k £628 5.8% 14 / 178
2 £195k £1,250 7.7% 64 / 85
3 £375k £1,755 5.6% 17 / 97
4 £675k £2,340 4.2% 13 / 29
5+ £600k £3,250 6.5% 25 / 112

Nearby NE postcode districts, by yield

DistrictAvg buyAvg rentYield
NE6 £155k £1,300 10.1% Compare
NE20 £700k £5,500 9.4% Compare
NE8 £125k £898 8.6% Compare
NE27 £230k £1,500 7.8% Compare
NE7 £240k £1,538 7.7% Compare
NE3 £190k £1,200 7.6% Compare
NE1 £150k £913 7.3% Compare
NE4 £148k £888 7.2% Compare
Explore every UK postcode on the interactive buy/rent/yield map.
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