Newcastle rents up 10.3% - more than three times the UK average

Rents in Newcastle have moved a lot faster than house prices over the past year. Average rent is up 10.3% - more than three times the UK's own rent growth of just 3.3% - while house prices have risen a more modest 5.0%. That gap is exactly the kind of market condition that improves yields.

📊 The numbers

Newcastle's average rent of £1,204 a month is well ahead of the North East average of £776, driven by strong tenant demand from students, young professionals, and commuters. We can back this up with our own numbers too - across our managed properties in Newcastle, 2-beds average £692 and 3-beds average £790, real achieved rents. Here's how that plays out by property type - and what it means for gross yield.

💷 Buy-to-let snapshot by property type

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

📍 Area spotlight: NE6

Selby Gardens sits in Walker, part of NE6, a well-established residential area east of the city centre. We manage several three-bed homes in NE6, including Selby Gardens itself, and they're achieving between £825 and £920 a month, averaging around £884 - all real rents, not estimates.

🏠 Investment opportunity we're marketing

3 Bed Semi-Detached House, Selby Gardens, Newcastle upon Tyne — £210,000 — No Chain, Vacant Possession on Sale. Currently tenanted but will be sold with vacant possession.

For more properties we're marketing in Newcastle, visit nguhomes.co.uk.

Rents in Newcastle are rising faster than prices, and that gap is exactly what improves yield. If you're a landlord here, whether you're reviewing your rent, weighing up a purchase, or expanding your portfolio, just reply and I'll go through the numbers with you.