Average asking price
£160k
UK avg £340k
Postcode district in Newcastle upon Tyne, part of the NE postcode area
General / family area · 8.6km from The University of Sunderland
NE38 has a gross rental yield of 6.3%, 37% above the UK average, ranking #9 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 | £73k | £570 | — | 5 / 1 |
| 2 | £105k | £785 | — | 29 / 4 |
| 3 | £190k | £850 | 5.4% | 31 / 5 |
| 4 | £345k | £1,300 | — | 14 / 3 |
| 5+ | £750k | — | — | 7 / 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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