NE7 house prices & rental yield

Postcode district in the NE postcode area · house prices, rent & yield from live market listings

Near a university · 3.1km from University of Northumbria at Newcastle

Average asking price
£240k
UK avg £340k
Average rent (pcm)
£1,538
UK avg £1,320
Gross rental yield
7.7%
65% above UK avg
Net yield (estimated)
5.8%
assumes ~25% costs, excl. mortgage

Summary

NE7 has a gross rental yield of 7.7%, 65% above the UK average, ranking #5 of 38 NE postcode districts by yield.

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.

NE7 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £930 0 / 2
2 £155k £1,750 13.5% 13 / 8
3 £275k £1,172 11 / 2
4 £350k £1,900 5 / 2

Nearby NE postcode districts, by yield

DistrictAvg buyAvg rentYield
NE6 £155k £1,300 10.1% Compare
NE20 £700k £5,500 9.4% Compare
NE8 £125k £898 8.6% Compare
NE27 £230k £1,500 7.8% Compare
NE3 £190k £1,200 7.6% Compare
NE1 £150k £913 7.3% Compare
NE4 £148k £888 7.2% Compare
NE10 £125k £750 7.2% Compare
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