Pay vs Place

Coventry vs Newcastle upon Tyne: buying or renting a home

A typical terraced house costs £30,000 (16%) more in Coventry than in Newcastle upon Tyne. Measured against local pay, buying is harder in Coventry: it takes 5.7× median annual pay, against 5.2× in Newcastle upon Tyne.

Coventry, terraced
£215,000
Income typically needed: £43,000
Median full-time pay: £37,759
Newcastle upon Tyne, terraced
£185,000
Income typically needed: £37,000
Median full-time pay: £35,446

At a glance

Coventry Newcastle upon Tyne
Buying a home Fairly affordable Fairly affordable
Renting a home Fairly affordable Very expensive
Recorded crime About average Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Newcastle upon Tyne (£35,446) is 6% lower than in Coventry (£37,759), while a typical terraced house costs 14% less (£185,000 against £215,000). Set against local pay, Newcastle upon Tyne is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.7× annual pay in Coventry and 5.2× in Newcastle upon Tyne. Renting one takes 33% of pay in Coventry and 44% in Newcastle upon Tyne. The two measures point different ways: buying is harder in Coventry, but renting takes a bigger share of pay in Newcastle upon Tyne.

Across all property types and measured against pay, Coventry is the 74th least expensive of 316 areas to buy in, and Newcastle upon Tyne is the 53rd least expensive of 316 areas. For renting against pay, Coventry is around the middle of 316 areas (166th most expensive) and Newcastle upon Tyne is the 70th most expensive of 316 areas.

Someone on £40,000 in Coventry would need about £34,500 in Newcastle upon Tyne to be equally placed to buy a terraced house, and about £49,500 to be equally placed to rent one. Keeping the same pay after a move to Newcastle upon Tyne would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 88.4 crimes per 1,000 residents in Coventry and 107.4 in Newcastle upon Tyne, so recorded crime per resident is 22% higher in Newcastle upon Tyne. The biggest difference is in criminal damage and arson: 7.3 per 1,000 in Coventry against 10.3 in Newcastle upon Tyne.

Can a typical earner buy?

Terraced house Coventry Newcastle upon Tyne
Median full-time pay £37,759 £35,446
House price ÷ pay 5.7× 5.2×
Median pay as a share of income typically needed to buy 88% 96%
Rent a year as a share of median pay 33% 44%

Buying, by property type

Type Coventry Newcastle upon Tyne Difference
Detached £378,750 £357,000 -6% in Newcastle upon Tyne
Semi-detached £265,000 £215,000 -19% in Newcastle upon Tyne
Terraced £215,000 £185,000 -14% in Newcastle upon Tyne
Flat £130,000 £155,000 +19% in Newcastle upon Tyne

Renting, by property type

Type (average rent a month) Coventry Newcastle upon Tyne Difference
Detached £1,234 £1,697 +38% in Newcastle upon Tyne
Semi-detached £1,075 £1,263 +17% in Newcastle upon Tyne
Terraced £1,041 £1,293 +24% in Newcastle upon Tyne
Flat £853 £993 +16% in Newcastle upon Tyne

Crime

Police recorded 88.4 crimes per 1,000 residents in Coventry and 107.4 in Newcastle upon Tyne, so recorded crime per resident is 22% higher in Newcastle upon Tyne.

Police recorded crime per 1,000 residents Coventry Newcastle upon Tyne Difference
All recorded crime (excluding fraud) 88.4 107.4 +22% in Newcastle upon Tyne
Violence against the person 34.4 36.6 +7% in Newcastle upon Tyne
Sexual offences 3.9 4.5 +17% in Newcastle upon Tyne
Robbery 1.9 2.3 +20% in Newcastle upon Tyne
Residential burglary (per 1,000 households) 9.4 9.0 -4% in Newcastle upon Tyne
Vehicle offences 7.6 5.9 -22% in Newcastle upon Tyne
Theft from the person 0.8 1.4 +61% in Newcastle upon Tyne
Criminal damage and arson 7.3 10.3 +43% in Newcastle upon Tyne

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Coventry: 183Newcastle upon Tyne: 148
House prices in Coventry and Newcastle upon Tyne since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Coventry now 183, Newcastle upon Tyne now 148.7510012515017520020052010201520202025House prices in Coventry and Newcastle upon Tyne since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Coventry now 183, Newcastle upon Tyne now 148.7510012515017520020102020
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YearCoventryNewcastle upon Tyne
2005100100
2006106108
2007111115
2008106110
20099699
2010101103
20119998
20129998
201310498
2014110101
2015117108
2016127111
2017138112
2018147114
2019150114
2020152115
2021163123
2022177132
2023177134
2024179137
2025182145
12 months to July 2026183148

In 2005 the average home cost £120,711 in Coventry and £138,227 in Newcastle upon Tyne. Now it is £220,880 and £204,282: Coventry is up 83% and Newcastle upon Tyne is up 48%. Prices have risen faster in Coventry, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Coventry: 5.8 years of payNewcastle upon Tyne: 5.6 years of pay
Years of median pay needed to buy the average home in Coventry and Newcastle upon TyneCoventry now 5.8, Newcastle upon Tyne now 5.6 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Coventry and Newcastle upon TyneCoventry now 5.8, Newcastle upon Tyne now 5.6 years of pay.0×2×4×6×8×20052010201520202025
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YearCoventryNewcastle upon Tyne
20055.3 years of pay6.6 years of pay
20105.3 years of pay6.4 years of pay
20155.3 years of pay5.6 years of pay
20206.2 years of pay5.5 years of pay
20255.8 years of pay5.6 years of pay

In 2005 a home cost 5.3 years of pay in Coventry and 6.6 years in Newcastle upon Tyne. In 2025 it was 5.8 years and 5.6 years.

Affordability has worsened more in Coventry over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Coventry: 162Newcastle upon Tyne: 176
Rents in Coventry and Newcastle upon Tyne since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Coventry now 162, Newcastle upon Tyne now 176.100120140160180201620182020202220242026Rents in Coventry and Newcastle upon Tyne since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Coventry now 162, Newcastle upon Tyne now 176.100120140160180201520202025
Show the figures
YearCoventryNewcastle upon Tyne
2015100100
2016106106
2017110113
2018115112
2019118113
2020120117
2021124123
2022129127
2023138137
2024151143
2025159160
August 2026162176

In 2015 the average rent was £629 a month in Coventry and £690 in Newcastle upon Tyne. Now it is £1,020 and £1,215: up 62% in Coventry and up 76% in Newcastle upon Tyne. Rents have risen faster in Newcastle upon Tyne.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Coventry to Newcastle upon Tyne

Earning in Coventry Equivalent to buy in Newcastle upon Tyne Equivalent to rent in Newcastle upon Tyne
£30,000 £26,000 £37,500
£40,000 £34,500 £49,500
£50,000 £43,000 £62,000
£60,000 £51,500 £74,500

Moving from Newcastle upon Tyne to Coventry

Earning in Newcastle upon Tyne Equivalent to buy in Coventry Equivalent to rent in Coventry
£30,000 £35,000 £24,000
£40,000 £46,500 £32,000
£50,000 £58,000 £40,500
£60,000 £69,500 £48,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Coventry figures · All Newcastle upon Tyne figures