Proppys
UK Region Guide

North East

England's highest-yield region. Strong rental demand from public-sector and student tenants, low entry prices, and an active auction market.

Region avg yield
5.5%
weighted by sales volume
Best city
Gateshead
6.9% gross yield
Region avg price
£152k
all property types
Rental demand
Balanced
9 cities · 38 postcodes

Cities & towns in North East

City / TownAvg yieldAvg priceDemandSales (12mo)
Gateshead
6.9%£143kBalanced1,576View guide
Newcastle upon Tyne
6.4%£197kBalanced3,314View guide
Middlesbrough
6.0%£139kBalanced2,572View guide
Sunderland
5.3%£141kBalanced2,459View guide
Durham
5.1%£173kBalanced1,246View guide
Darlington
4.9%£139kBalanced1,509View guide
South Shields
4.8%£136kBalanced964View guide
Stockton-on-Tees
4.5%£152kBalanced1,970View guide
Hartlepool
4.5%£112kBalanced1,524View guide
Ownership mix
North East vs UK average · 1,257,518 dwellings · Source: ONS Census 2021
Distinct tenure mix: 21% socially rented (4pp higher than the UK average of 17%).
Owned outrightNo mortgage on the property
33.1%(UK 32.9%)
+0.2pp vs UK
Owned with mortgageIncluding shared ownership
28.2%(UK 29.7%)
-1.5pp vs UK
Privately rented (BTL)Private landlord or letting agent
17.2%(UK 20.3%)
-3.1pp vs UK
Socially rentedCouncil or housing association
21.4%(UK 17.1%)
+4.3pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Aggregates are transaction-count weighted from HM Land Registry medians + PropertyData rents. Ownership mix is dwelling-weighted from ONS Census 2021. This page does not constitute financial advice.