At a Glance
Average Property Price - NE
£242,957
12 month avg at 31 Jul 2026
Average Monthly Rent - NE
£830
Estimate at 31 Jul 2026
Average Net Household Income - NE
£35,762
2023 census data
Flat / Maisonette Yield - NE
6.5%
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - NE
3.3%
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - NE
3.8%
Estimate at 31 Jul 2026
District Rankings — NE
Top 10 districts in NE ranked by average sale price.
Street Rankings — Newcastle upon Tyne (NE)
Top 10 streets in Newcastle upon Tyne (NE) ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Gubeon Wood | £1,875,000 |
| 2 | Runnymede Road | £1,817,371 |
| 3 | Westfield Drive | £1,750,000 |
| 4 | Burgham Park | £1,500,000 |
| 5 | Furzefield Road | £1,492,500 |
| 6 | Whickham Lodge Rise | £1,475,000 |
| 7 | Graham Park Road | £1,470,000 |
| 8 | The Green | £1,283,000 |
| 9 | Deepwood | £1,275,000 |
| 10 | North Carol Wood | £1,250,000 |
Property Price & Volume Trends
The average property price in NE is £243,000, placing it among the most affordable regions nationally. Over the past decade, the area has experienced annualised price growth of 3.3%, which is notably faster than the majority of UK regions.
Rent & Yield Trends
Average monthly rent stands at £830, below the national average. Rental growth over the past ten years has been 3.8% annualised, close to the national median. The current flat yield of 6.5% remains attractive, reflecting the balance between modest rent and lower property values.
Income & Affordability Trends
Average net household income is £35,762, below the national average. The price-to-income ratio of 6.3x has tightened slightly since 2016 (6.2x), indicating marginally improved purchase affordability. Rental affordability has improved notably, with the rent-to-income ratio falling from 24.3% in 2016 to 22.9% today.
Resident Demographic Profile
The population is notably older than the national average, with 22.1% aged 65 and over compared to 19.6% nationally, and those aged 50–64 also overrepresented at 21.0%. The region has a higher proportion in social rented housing (21.0% versus 16.5% nationally) and a lower proportion with mortgages (25.8% versus 27.0%). The employment profile is broadly in line with national patterns, with modest underrepresentation among managers.