Average asking price
£340k
UK avg £340k
Postcode district in Newcastle upon Tyne, part of the NE postcode area
General / family area · 22.7km from University of Newcastle-upon-Tyne
NE61 has a gross rental yield of 3.5%, 22% below the UK average, ranking #38 of 39 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 | £718k | — | — | 2 / 0 |
| 2 | £185k | £922 | 6.0% | 37 / 6 |
| 3 | £280k | £850 | 3.6% | 66 / 8 |
| 4 | £400k | £1,850 | 5.5% | 51 / 5 |
| 5+ | £800k | £10k | — | 27 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| NE8 | £115k | £950 | 9.9% | Compare |
| NE6 | £170k | £1,250 | 8.8% | Compare |
| NE1 | £140k | £875 | 7.5% | Compare |
| NE17 | £100k | £600 | 7.2% | Compare |
| NE4 | £150k | £888 | 7.1% | Compare |
| NE10 | £140k | £800 | 6.9% | Compare |
| NE12 | £200k | £1,100 | 6.6% | Compare |
| NE7 | £200k | £1,075 | 6.5% | Compare |