NE28, Newcastle upon Tyne house prices & rental yield

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

General / family area · 6.2km from University of Northumbria at Newcastle

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Average asking price
£195k
UK avg £340k
Average rent (pcm)
£738
UK avg £1,300
Gross rental yield
4.5%
1% below UK avg
Net yield (estimated)
3.4%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
321
212% above UK avg

Summary

NE28 has a gross rental yield of 4.5%, 1% below the UK average, ranking #31 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.

NE28 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £60k £650 2 / 3
2 £94k £700 8.9% 32 / 17
3 £215k £875 4.9% 47 / 8
4 £340k £1,200 15 / 1
5+ £310k 4 / 0

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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