Average asking price
£230k
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 5.8%, 26% above the UK average, ranking #15 of 37 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 | — | £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 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| 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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