Average asking price
£167k
UK avg £340k
Postcode district in Newcastle upon Tyne, part of the NE postcode area
General / family area · 6.2km from University of Northumbria at Newcastle
NE31 has a gross rental yield of 5.1%, 11% above the UK average, ranking #23 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 |
|---|---|---|---|---|
| 1 | £70k | £595 | — | 1 / 1 |
| 2 | £100k | £695 | 8.3% | 33 / 7 |
| 3 | £175k | £868 | — | 50 / 4 |
| 4 | £290k | — | — | 11 / 0 |
| 5+ | £280k | — | — | 3 / 0 |
| 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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