Postcode district in the NE postcode area · updated monthly from live market listings
General / family area · 16.9km from University of Newcastle-upon-Tyne
NE24 has a gross rental yield of 5.2%, 12% above the UK average, ranking #21 of 38 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 |
|---|---|---|---|---|
| 1 | £62k | £637 | 12.3% | 5 / 7 |
| 2 | £80k | £598 | 9.0% | 43 / 14 |
| 3 | £160k | £700 | 5.2% | 53 / 7 |
| 4 | £292k | £875 | — | 16 / 1 |
| 5+ | £440k | — | — | 3 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| 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 |