Average asking price
£190k
UK avg £340k
Postcode district in Newcastle upon Tyne, part of the NE postcode area
Near a university · 3.5km from University of Newcastle-upon-Tyne
NE3 has a gross rental yield of 7.9%, 72% above the UK average, ranking #4 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 | £82k | — | — | 2 / 0 |
| 1 | £100k | £675 | 8.1% | 23 / 13 |
| 2 | £158k | £1,150 | 8.8% | 83 / 22 |
| 3 | £236k | £1,248 | 6.3% | 64 / 10 |
| 4 | £322k | £1,994 | — | 24 / 4 |
| 5+ | £525k | £3,670 | 8.4% | 12 / 10 |
| 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 |
| NE37 | £115k | £750 | 7.8% | Compare |
| NE10 | £135k | £825 | 7.3% | Compare |
| NE1 | £145k | £875 | 7.2% | Compare |
| NE4 | £148k | £875 | 7.1% | Compare |
| NE38 | £160k | £838 | 6.3% | Compare |
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