3.7% Below average

Rental Yield in NE2 — NEWCASTLE UPON TYNE

Rent data based on Newcastle upon Tyne local authority median. Our methodology

Below average ↓ below North East average (4.6%) · ↑ above England average (3.6%)
£260,000
Median Price
£795
Monthly Rent
3.7%
Gross Yield
960
Transactions (3yr)

Price by Property Type

Type Median Price Sales
Detached £970,000 19
Semi-detached £515,375 68
Terraced £418,100 251
Flat £205,000 552
Other £266,625 70

Compare Nearby Postcodes

Compare NE2 side by side →
Postcode Area Yield Median Price Monthly Rent
NE1 NEWCASTLE UPON TYNE 6.15 £155,000 £795
NE7 NEWCASTLE UPON TYNE 4.24 £225,000 £795
NE6 NEWCASTLE UPON TYNE 5.96 £160,000 £795
NE4 NEWCASTLE UPON TYNE 6.36 £150,000 £795

NE2 is part of Newcastle upon Tyne. View all postcode districts in Newcastle upon Tyne.

Frequently Asked Questions

What is the rental yield in NE2?

NE2 has a gross rental yield of 3.7%. The median property price is £260,000 with typical monthly rents of £795, based on Land Registry and VOA data.

Is NE2 a good area for buy-to-let?

NE2 yields 3.7%, above the England average of 3.6%. With 960 transactions over 3 years, the data is reliable.

What is the median property price in NE2?

The median property price in NE2 is £260,000, based on 960 Land Registry transactions over 3 years. This compares to £172,000 across Newcastle upon Tyne as a whole.

Data updated quarterly · Last update: Q1 2026