NE7Newcastle upon Tyne

Byker &Walkergate

Byker &Walkergate investment guide. Average gross yield 6.3%, unknown rental demand.

6.3%avg gross yield

£245kavg sold price (223 sales, 12mo)

Unknownrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

6.3%

+6.3% vs Newcastle upon Tyne avg (0.0%)

Average Asking Price

£245,000

high confidence (223 sales)

Est. Monthly Rent

£1,108

2-bed · 3-bed £1,215 · 7.6% yield

Price Per Sq Ft

£216

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in NE7

1-bed

£901

per month

6.4% yield

2-bed

£1,108

per month

7.6% yield

3-bed

£1,215

per month

5.2% yield

4-bed

£1,798

per month

6.2% yield

Ownership mix

NE7 vs UK average · 10,114 dwellings · Source: ONS Census 2021

Distinct tenure mix: 17% privately rented (btl) (4pp lower than the UK average of 20%).

Owned outrightNo mortgage on the property

34.3%(UK 32.9%)

+1.4pp vs UK

Owned with mortgageIncluding shared ownership

32.0%(UK 29.7%)

+2.3pp vs UK

Privately rented (BTL)Private landlord or letting agent

16.8%(UK 20.3%)

-3.5pp vs UK

Socially rentedCouncil or housing association

16.9%(UK 17.1%)

-0.2pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in NE7

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	5.8%	£239,851	£1,167
Semi-detached →	5.3%	£279,230	£1,237
Detached →	4.1%	£378,166	£1,295
Flat →	9.4%	£140,000	£1,092

Explore by strategy

Live data for each property type across Newcastle upon Tyne.

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About Byker &Walkergate (NE7, Newcastle upon Tyne)

NE7 offers investors solid gross yields of 6.3% with entry prices around £245,000, making it accessible for portfolio builders seeking steady rental returns. Two-bedroom properties particularly stand out, delivering a robust 7.6% yield and representing the sweet spot for rental demand in this postcode.

The tenant mix appears diverse across property sizes, with strong rental yields on smaller units suggesting demand from professionals and young families. The 2-bed segment's outperformance indicates this is likely the most sought-after configuration, though 3-bed properties command higher absolute rents despite lower percentage yields.

Investors should note the limited rental demand data available for the area, which warrants thorough local research before committing capital. The 4-bed market shows notably lower yields (6.2%), suggesting potential oversupply or weaker tenant demand at the larger end of the market.

Sold Price Trend - NE7

Average sold price, last 8 quarters

+13.9% over 2 years

Flip Activity - NE7

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+40.5%

after HPI adjust

Median hold

15 mo

Flip rate

0.7%

of all sales

Recent case studies

cleveland gardens

Semi

Bought Jul 25

£277k

Sold Jan 26

£400k

6 mo+40.5%*

Gross 44.4%

teviotdale gardens

Terraced

Bought May 24

£222k

Sold Oct 25

£397k

17 mo+64.2%*

Gross 78.8%

newton road

Terraced

Bought Mar 24

£125k

Sold Jun 25

£178k

15 mo+33.3%*

Gross 42.0%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - NE7

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Newcastle upon Tyne. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

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