Newcastle Property Market Update

🏠 Rental Market Overview

Newcastle's rental market has shown steady growth over the past year, reflecting strong demand and a competitive rental landscape.

As of May 2025, the average monthly rent in Newcastle upon Tyne was £1,053, up from £979 in May 2024. This represents a 7.6% increase year-on-year.

 🏡 Sales Market Snapshot

The housing market in Newcastle upon Tyne has experienced a notable rise in average house prices, indicating a robust sales environment.

As of February 2025, the average House Price was £204,000
This marks a 9.0% increase from £187,000 in February 2024

🏘️ Investment Hotspots

NE4 (Fenham & Elswick)

Average Property Price: ~£158,522

Rental Yield: 7.6%

Overview: Affordable urban living with a mix of Victorian terraces and modern flats. The area appeals to students, young professionals, and families.

Average Rent by Property Type in NE4:

1-Bedroom Properties: Approximately £700–£750 per month.

2-Bedroom Properties: Around £700–£900 per month.

3-Bedroom Properties: Typically £950–£1,200 per month

📈 What’s Happening in Newcastle?
Sales are rising, with strong demand for affordable terraced family homes in areas like Heaton and Fenham. Prices are increasing across all property types, making Newcastle attractive for investors seeking capital growth and solid rental yields.

🚀 Why Now?
If you’re considering expanding your portfolio or getting into the market, now is a fantastic time to explore opportunities in Newcastle before prices climb further.