NE23 house prices & rental yield

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

General / family area · 11.3km from University of Newcastle-upon-Tyne

Average asking price
£205k
UK avg £340k
Average rent (pcm)
£950
UK avg £1,320
Gross rental yield
5.6%
19% above UK avg
Net yield (estimated)
4.2%
assumes ~25% costs, excl. mortgage

Summary

NE23 has a gross rental yield of 5.6%, 19% above the UK average, ranking #16 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.

NE23 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £200k 1 / 0
1 £75k £650 4 / 4
2 £130k £775 7.2% 36 / 7
3 £210k £1,138 6.5% 50 / 12
4 £325k 22 / 0
5+ £480k 7 / 0

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
NE7 £240k £1,538 7.7% Compare
NE3 £190k £1,200 7.6% Compare
NE1 £150k £913 7.3% Compare
NE4 £148k £888 7.2% Compare
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