Newcastle Property Market Update Jan 2026

📈 House Prices in Newcastle

The average house price in Newcastle upon Tyne is around £201,000, up from about £195,000 a year earlier - representing annual growth of approximately 3.5%.

This shows that property values are still moving forward, even as wider economic conditions remain mixed.

What this means:

• Buyers benefit from relatively affordable urban prices compared with many southern cities
• Sellers are still operating in a market where values are rising rather than stagnating
• Investors can see capital improvement alongside strong rental increases

🏠 Property Prices by Type

 Average prices by property type in Newcastle sit at approximately:

• Detached: ~£388,000
• Semi-detached: ~£231,000
• Terraced: ~£200,000
• Flats & Maisonettes: ~£126,000

Semi-detached and terraced homes continue to perform well in Newcastle’s mix, while flats remain a more accessible entry point for first-time buyers and investors.

💷 Rental Market Update

The rental market in Newcastle is one of the strongest in the region:

Average monthly private rent: ~£1,169

Annual rental growth: ~15.4% - well above the wider North East average

Typical monthly rents:

• 1-bed: ~£783
• 2-bed: ~£968
• 3-bed: ~£1,146
• 4+ beds: ~£1,781

By property type:

• Flats & maisonettes: ~£956
• Terraced homes: ~£1,245
• Semi-detached: ~£1,211
• Detached: ~£1,635

🔑 What This Means for Landlords

From an investment perspective, Newcastle continues to offer a compelling balance of:

• Very strong rental growth
• Steady capital value increases
• City appeal with consistent tenant demand

Terraced and semi-detached homes remain particularly attractive to landlords, supported by high occupancy and strong yields compared with many regional markets.

Thinking of Buying, Selling, or Letting in Newcastle?

Market data is useful - but local expertise makes the real difference.

If you’re considering your next move in Newcastle, our team at NGU Homes can help you:

• price accurately
• market effectively
• and make informed decisions based on real-world market conditions

👉 Get in touch today to discuss your plans.