North East · house prices & affordability
What it costs to buy in Newcastle
£209,071, that is the average home price in Newcastle right now. What follows is the deposit you would need, the monthly repayment at the Bank of England's currently quoted rate, and the income a lender would want behind you, all pulled from official sources rather than a sales pitch.
Data updated 2026-04
- £209,071
- Newcastle metro avg (April 2026)
- +9.9%
- North East region YoY
- £1,074/mo
- mortgage at 4.76%, 10% deposit
- £42,000
- income a lender would want (4.5×)
Below typical
Fastest-rising region
Below local income
Above local income
Subscribe to North East house-price updates (RSS) The feed follows the regional HPI series used as context on this profile.
According to the Bank of England and HM Land Registry, whose House Price Index draws on more than 1,000,000 registered property transactions a year, the city average price and region trend on this page use the April 2026 House Price Index release and the June 2026 Bank of England quoted-rate snapshot under the Open Government Licence. Our methodology states which geography each figure describes.
Geography used: the headline average price is the Newcastle metro figure from the metros table; the year-on-year change and trend chart are the broader North East region House Price Index series (not a place-level YoY). Deposit, loan, and payment maths are derived from the metro price plus the Bank of England quoted rate for the matching LTV band.
How the £209,071 average price breaks down
Based on this metro's own published figures -- median house price, price-to-income ratio, and typical cash deposit -- each benchmarked against every tracked UK metro. Lower price, ratio and deposit score higher; this is not a measure of overall quality of life, mortgage rates, or long-term value.
The verdict
A 10% deposit on Newcastle's £209,071 average home leaves a £188,164 mortgage, running to roughly £1,074 a month at the current 4.76% two-year fixed rate - a lender would typically want to see household income around £42,000 for that.
- £20,907
- 10% deposit needed
- £188,164
- loan at 90% LTV
- £1,074/mo
- over 25 years at 4.76%
- £1,185/mo
- stress-tested at 5.76%
Price: HM Land Registry (April 2026). Rate: Bank of England quoted 90% LTV two-year fix (June 2026).
House prices in the North East
Where Newcastle sits among all 16 metros
Median house-price inventory across every tracked metro. Newcastle is marked; price level is not a quality ranking.
Newcastle vs all metros by median house price
Where this metro's median price sits among every tracked UK metro
209,071 12th of 16 higher than 4 of 16 metros
Metros, banded by median house price
Each bar is a band; taller bars hold more metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source HM Land Registry / metro price table · 2026-04
Price vs. price-to-income
Where Newcastle sits on price vs. price-to-income
Among the 16 tracked UK metros with both figures recorded, Newcastle's median house price is £209,071 against a price-to-income ratio of 6.53×, placing it in the affordable and comfortable quadrant relative to this group's own median price (£247,113) and median ratio (6.90×). Price and price-to-income are independent: a cheaper metro is not automatically the more affordable one once local income is accounted for.
How North East house prices changed recently
| Month | Avg price | MoM | YoY |
|---|---|---|---|
| November 2025 | £166,004 | +2.0% | +6.4% |
| December 2025 | £162,610 | -2.0% | +2.9% |
| January 2026 | £158,758 | -2.4% | +2.5% |
| February 2026 | £162,983 | +2.7% | +3.6% |
| March 2026 | £162,046 | -0.6% | -0.9% |
| April 2026 | £163,190 | +0.7% | +9.9% |
The North East region (+9.9% YoY) is outpacing the UK national average (+3.8%) by 6.1 percentage points in the April 2026 release.
Source: HM Land Registry UK House Price Index. MoM = month-on-month change. YoY = year-on-year change. Figures are for the North East region, not Newcastle alone.
Quoted-fix completion sheet
Newcastle: deposit, loan, rate, and stress test NEWCAS · Newcastle 90% LTV · 2yr
Newcastle · £1,074/mo at 4.76% · vs Sheffield
- REM Newcastle ask
- REM 10% cash in
- SVR 90-band fix
- SVR near Sheffield
- REM under Nottingham
- REM 25y · stress
Figures use the published Newcastle average and the Bank of England's quoted rate: typical-buyer maths, not a personal quote. Read with Newcastle → · Model your own →
Newcastle in the price neighbourhood
Median house price (£k) among this metro and nearest nationwide price peers
- Sheffield
Sheffield
222 £k
- Newcastle
Newcastle
209 £k
- Nottingham
Nottingham
193 £k
- Glasgow
Glasgow
187 £k
- Liverpool
Liverpool
184 £k
What this shows Newcastle averages £209,071 (rank 5 of 16). Bars are £ thousands.
Where Newcastle sits in the UK metro comparison
On the price ladder Nottingham sits immediately below at £192,543 and Sheffield sits immediately above at £222,080.
Closest price-to-income multiple elsewhere: Sheffield at 6.7×, against Newcastle's 6.5×.
Newcastle's average price is 6.5 times the recorded median household income of £32,000. That places it rank 5 of 16 in this dataset when lower price-to-income multiples are treated as more affordable; it is a comparison signal, not a lending decision.
Income-context sample for Newcastle
A Newcastle-keyed shuffle of every metro with recorded income. Income is a context signal from the metro dataset, not an affordability assessment for an individual household.
- Leeds has £4,000 higher, an average price of £246,882, and a 6.9× price-to-income multiple.
- Edinburgh has £8,000 higher, an average price of £295,204, and a 7.4× price-to-income multiple.
- London has £21,000 higher, an average price of £552,655, and a 10.4× price-to-income multiple.
- Cardiff has £2,000 higher, an average price of £271,166, and a 8.0× price-to-income multiple.
- Cambridge has £12,000 higher, an average price of £462,145, and a 10.5× price-to-income multiple.
- Liverpool has the same recorded median income, an average price of £183,615, and a 5.7× price-to-income multiple.
- Brighton has £8,000 higher, an average price of £406,137, and a 10.2× price-to-income multiple.
- Belfast has £2,000 lower, an average price of £181,033, and a 6.0× price-to-income multiple.
- Glasgow has £1,000 higher, an average price of £186,853, and a 5.7× price-to-income multiple.
- Manchester has £4,000 higher, an average price of £247,344, and a 6.9× price-to-income multiple.
- Oxford has £10,000 higher, an average price of £475,481, and a 11.3× price-to-income multiple.
- Birmingham has £2,000 higher, an average price of £235,682, and a 6.9× price-to-income multiple.
- Nottingham has £1,000 higher, an average price of £192,543, and a 5.8× price-to-income multiple.
- Bristol has £7,000 higher, an average price of £353,662, and a 9.1× price-to-income multiple.
- Sheffield has £1,000 higher, an average price of £222,080, and a 6.7× price-to-income multiple.
Compare Newcastle across the full metro set
Rows are ordered by a Newcastle-keyed shuffle of the full metro set so neighbouring pages do not share the same comparison order. Income multiples add a second disclosed lens from the portal's recorded metro data.
- Birmingham is price-rank 7 of 16, with an average £26,611 higher, recorded median household income of £34,000, and a 6.9× price-to-income multiple.
- London is price-rank 16 of 16, with an average £343,584 higher, recorded median household income of £53,000, and a 10.4× price-to-income multiple.
- Cardiff is price-rank 10 of 16, with an average £62,095 higher, recorded median household income of £34,000, and a 8.0× price-to-income multiple.
- Nottingham is price-rank 4 of 16, with an average £16,528 lower, recorded median household income of £33,000, and a 5.8× price-to-income multiple.
- Belfast is price-rank 1 of 16, with an average £28,038 lower, recorded median household income of £30,000, and a 6.0× price-to-income multiple.
- Liverpool is price-rank 2 of 16, with an average £25,456 lower, recorded median household income of £32,000, and a 5.7× price-to-income multiple.
- Edinburgh is price-rank 11 of 16, with an average £86,133 higher, recorded median household income of £40,000, and a 7.4× price-to-income multiple.
- Oxford is price-rank 15 of 16, with an average £266,410 higher, recorded median household income of £42,000, and a 11.3× price-to-income multiple.
- Brighton is price-rank 13 of 16, with an average £197,066 higher, recorded median household income of £40,000, and a 10.2× price-to-income multiple.
- Sheffield is price-rank 6 of 16, with an average £13,009 higher, recorded median household income of £33,000, and a 6.7× price-to-income multiple.
- Manchester is price-rank 9 of 16, with an average £38,273 higher, recorded median household income of £36,000, and a 6.9× price-to-income multiple.
- Leeds is price-rank 8 of 16, with an average £37,811 higher, recorded median household income of £36,000, and a 6.9× price-to-income multiple.
- Glasgow is price-rank 3 of 16, with an average £22,218 lower, recorded median household income of £33,000, and a 5.7× price-to-income multiple.
- Cambridge is price-rank 14 of 16, with an average £253,074 higher, recorded median household income of £44,000, and a 10.5× price-to-income multiple.
- Bristol is price-rank 12 of 16, with an average £144,591 higher, recorded median household income of £39,000, and a 9.1× price-to-income multiple.
Compare beyond geography
Nationwide peers by price & affordability multiple
Two PlainMortgage-derived comparison paths for Newcastle: nearest median house price and nearest price-to-income multiple across all 16 tracked UK metros. Regional trend charts above stay geographic; these neighbourhoods vary by metric.
Similar median house price
Nearest metros by HM Land Registry average price. This record: £209,071.
Similar price-to-income multiple
Nearest metros by average price ÷ recorded median household income. This record: 6.5×.
Source: HM Land Registry UK House Price Index 2026-04
Frequently asked questions
- What is the average house price in Newcastle?
The HM Land Registry average for Newcastle is £209,071 in the April 2026 release. It is an average transaction price for the local-authority area, not a valuation of a particular property.
- Where does Newcastle sit on the portal's metro price ladder?
Rank 5 of 16. On the price ladder Nottingham sits immediately below at £192,543 and Sheffield sits immediately above at £222,080.
- How does Newcastle compare with similarly affordable metros?
Newcastle's average price is 6.5 times its recorded median household income. The closest comparison in this portal's metro dataset is Sheffield at 6.7 times income; compare the price, local income and deposit assumptions rather than treating either figure as a personal lending decision.
Every figure on PlainMortgage is rendered directly from Bank of England and HM Land Registry data, no number is typed in by an editor. This page draws directly on Bank of England and HM Land Registry source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.