Pay vs Place

Lewisham vs Newcastle upon Tyne: buying or renting a home

A typical terraced house costs £469,235 (254%) more in Lewisham than in Newcastle upon Tyne. Measured against local pay, buying is harder in Lewisham: it takes 14.3× median annual pay, against 5.2× in Newcastle upon Tyne.

Lewisham, terraced
£654,235
Income typically needed: £131,000
Median full-time pay: £45,702
Newcastle upon Tyne, terraced
£185,000
Income typically needed: £37,000
Median full-time pay: £35,446

At a glance

Lewisham Newcastle upon Tyne
Buying a home Expensive Fairly affordable
Renting a home Very expensive Very expensive
Recorded crime Above 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 22% lower than in Lewisham (£45,702), while a typical terraced house costs 72% less (£185,000 against £654,235). 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 14.3× annual pay in Lewisham and 5.2× in Newcastle upon Tyne. Renting one takes 55% of pay in Lewisham and 44% in Newcastle upon Tyne. Both are harder in Lewisham, and the gap is wider for buying.

Across all property types and measured against pay, Lewisham is the 47th most expensive of 316 areas to buy in, and Newcastle upon Tyne is the 53rd least expensive of 316 areas. For renting against pay, Lewisham is the 34th most expensive of 316 areas and Newcastle upon Tyne is the 70th most expensive of 316 areas.

Someone on £40,000 in Lewisham would need about £11,500 in Newcastle upon Tyne to be equally placed to buy a terraced house, and about £25,000 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 94.2 crimes per 1,000 residents in Lewisham and 107.4 in Newcastle upon Tyne, so recorded crime per resident is 14% higher in Newcastle upon Tyne. The biggest difference is in criminal damage and arson: 6.5 per 1,000 in Lewisham against 10.3 in Newcastle upon Tyne.

Can a typical earner buy?

Terraced house Lewisham Newcastle upon Tyne
Median full-time pay £45,702 £35,446
House price ÷ pay 14.3× 5.2×
Median pay as a share of income typically needed to buy 35% 96%
Rent a year as a share of median pay 55% 44%

Buying, by property type

Type Lewisham Newcastle upon Tyne Difference
Semi-detached £784,750 £215,000 -73% in Newcastle upon Tyne
Terraced £654,235 £185,000 -72% in Newcastle upon Tyne
Flat £375,000 £155,000 -59% in Newcastle upon Tyne

Renting, by property type

Type (average rent a month) Lewisham Newcastle upon Tyne Difference
Semi-detached £2,360 £1,263 -46% in Newcastle upon Tyne
Terraced £2,088 £1,293 -38% in Newcastle upon Tyne
Flat £1,657 £993 -40% in Newcastle upon Tyne

Crime

Police recorded 94.2 crimes per 1,000 residents in Lewisham and 107.4 in Newcastle upon Tyne, so recorded crime per resident is 14% higher in Newcastle upon Tyne.

Police recorded crime per 1,000 residents Lewisham Newcastle upon Tyne Difference
All recorded crime (excluding fraud) 94.2 107.4 +14% in Newcastle upon Tyne
Violence against the person 32.1 36.6 +14% in Newcastle upon Tyne
Sexual offences 3.5 4.5 +30% in Newcastle upon Tyne
Robbery 3.3 2.3 -31% in Newcastle upon Tyne
Residential burglary (per 1,000 households) 9.6 9.0 -6% in Newcastle upon Tyne
Vehicle offences 8.1 5.9 -27% in Newcastle upon Tyne
Theft from the person 3.9 1.4 -65% in Newcastle upon Tyne
Criminal damage and arson 6.5 10.3 +59% 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.

Lewisham: 244Newcastle upon Tyne: 148
House prices in Lewisham and Newcastle upon Tyne since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Lewisham now 244, Newcastle upon Tyne now 148.5010015020025020052010201520202025House prices in Lewisham and Newcastle upon Tyne since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Lewisham now 244, Newcastle upon Tyne now 148.5010015020025020102020
Show the figures
YearLewishamNewcastle upon Tyne
2005100100
2006106108
2007120115
2008121110
200911199
2010118103
201111998
201212698
201313798
2014165101
2015186108
2016211111
2017215112
2018216114
2019214114
2020221115
2021225123
2022232132
2023233134
2024232137
2025243145
12 months to July 2026244148

In 2005 the average home cost £202,544 in Lewisham and £138,227 in Newcastle upon Tyne. Now it is £494,616 and £204,282: Lewisham is up 144% and Newcastle upon Tyne is up 48%. Prices have risen faster in Lewisham, so the gap between the two has widened.

Buying a home against local pay, over time

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

Lewisham: 10.8 years of payNewcastle upon Tyne: 5.6 years of pay
Years of median pay needed to buy the average home in Lewisham and Newcastle upon TyneLewisham now 10.8, Newcastle upon Tyne now 5.6 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Lewisham and Newcastle upon TyneLewisham now 10.8, Newcastle upon Tyne now 5.6 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearLewishamNewcastle upon Tyne
20057.6 years of pay6.6 years of pay
20108.0 years of pay6.4 years of pay
201511.8 years of pay5.6 years of pay
202012.1 years of pay5.5 years of pay
202510.8 years of pay5.6 years of pay

In 2005 a home cost 7.6 years of pay in Lewisham and 6.6 years in Newcastle upon Tyne. In 2025 it was 10.8 years and 5.6 years.

Affordability has worsened more in Lewisham over that time.

How rents have changed in each area

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

Lewisham: 147Newcastle upon Tyne: 176
Rents in Lewisham and Newcastle upon Tyne since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Lewisham now 147, Newcastle upon Tyne now 176.100120140160180201620182020202220242026Rents in Lewisham and Newcastle upon Tyne since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Lewisham now 147, Newcastle upon Tyne now 176.100120140160180201520202025
Show the figures
YearLewishamNewcastle upon Tyne
2015100100
2016106106
2017109113
2018110112
2019110113
2020112117
2021114123
2022116127
2023123137
2024134143
2025143160
August 2026147176

In 2015 the average rent was £1,242 a month in Lewisham and £690 in Newcastle upon Tyne. Now it is £1,829 and £1,215: up 47% in Lewisham 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 Lewisham to Newcastle upon Tyne

Earning in Lewisham Equivalent to buy in Newcastle upon Tyne Equivalent to rent in Newcastle upon Tyne
£30,000 £8,500 £18,500
£40,000 £11,500 £25,000
£50,000 £14,000 £31,000
£60,000 £17,000 £37,000

Moving from Newcastle upon Tyne to Lewisham

Earning in Newcastle upon Tyne Equivalent to buy in Lewisham Equivalent to rent in Lewisham
£30,000 £106,000 £48,500
£40,000 £141,500 £64,500
£50,000 £177,000 £80,500
£60,000 £212,000 £97,000
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 Lewisham figures · All Newcastle upon Tyne figures