Pay vs Place

Newcastle upon Tyne vs Wakefield: buying or renting a home

A typical terraced house costs £30,000 (19%) more in Newcastle upon Tyne than in Wakefield. Measured against local pay, buying is harder in Newcastle upon Tyne: it takes 5.2× median annual pay, against 4.5× in Wakefield.

Newcastle upon Tyne, terraced
£185,000
Income typically needed: £37,000
Median full-time pay: £35,446
Wakefield, terraced
£155,000
Income typically needed: £31,000
Median full-time pay: £34,400

At a glance

Newcastle upon Tyne Wakefield
Buying a home Fairly affordable Fairly affordable
Renting a home Very expensive Fairly affordable
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 Wakefield (£34,400) is 3% lower than in Newcastle upon Tyne (£35,446), while a typical terraced house costs 16% less (£155,000 against £185,000). Set against local pay, Wakefield is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.2× annual pay in Newcastle upon Tyne and 4.5× in Wakefield. Renting one takes 44% of pay in Newcastle upon Tyne and 27% in Wakefield. Both are harder in Newcastle upon Tyne, and the gap is wider for renting.

Across all property types and measured against pay, Newcastle upon Tyne is the 53rd least expensive of 316 areas to buy in, and Wakefield is the 58th least expensive of 316 areas. For renting against pay, Newcastle upon Tyne is the 70th most expensive of 316 areas and Wakefield is the 88th least expensive of 316 areas.

Someone on £40,000 in Newcastle upon Tyne would need about £33,500 in Wakefield to be equally placed to buy a terraced house, and about £24,500 to be equally placed to rent one. Keeping the same pay after a move to Wakefield 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 107.4 crimes per 1,000 residents in Newcastle upon Tyne and 105.8 in Wakefield: about the same. The biggest difference is in violence against the person: 36.6 per 1,000 in Newcastle upon Tyne against 47.7 in Wakefield.

Can a typical earner buy?

Terraced house Newcastle upon Tyne Wakefield
Median full-time pay £35,446 £34,400
House price ÷ pay 5.2× 4.5×
Median pay as a share of income typically needed to buy 96% 111%
Rent a year as a share of median pay 44% 27%

Buying, by property type

Type Newcastle upon Tyne Wakefield Difference
Detached £357,000 £335,000 -6% in Wakefield
Semi-detached £215,000 £205,000 -5% in Wakefield
Terraced £185,000 £155,000 -16% in Wakefield
Flat £155,000 £105,000 -32% in Wakefield

Renting, by property type

Type (average rent a month) Newcastle upon Tyne Wakefield Difference
Detached £1,697 £1,105 -35% in Wakefield
Semi-detached £1,263 £868 -31% in Wakefield
Terraced £1,293 £784 -39% in Wakefield
Flat £993 £664 -33% in Wakefield

Crime

Police recorded 107.4 crimes per 1,000 residents in Newcastle upon Tyne and 105.8 in Wakefield: about the same.

Police recorded crime per 1,000 residents Newcastle upon Tyne Wakefield Difference
All recorded crime (excluding fraud) 107.4 105.8 -2% in Wakefield
Violence against the person 36.6 47.7 +30% in Wakefield
Sexual offences 4.5 4.4 -3% in Wakefield
Robbery 2.3 1.1 -49% in Wakefield
Residential burglary (per 1,000 households) 9.0 7.5 -16% in Wakefield
Vehicle offences 5.9 6.3 +7% in Wakefield
Theft from the person 1.4 0.6 -59% in Wakefield
Criminal damage and arson 10.3 8.2 -21% in Wakefield

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.

Newcastle upon Tyne: 148Wakefield: 169
House prices in Newcastle upon Tyne and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Wakefield now 169.8010012014016018020052010201520202025House prices in Newcastle upon Tyne and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Wakefield now 169.8010012014016018020102020
Show the figures
YearNewcastle upon TyneWakefield
2005100100
2006108108
2007115116
2008110111
200999102
2010103102
20119898
20129897
20139897
2014101101
2015108104
2016111109
2017112114
2018114118
2019114121
2020115125
2021123141
2022132155
2023134158
2024137160
2025145165
12 months to July 2026148169

In 2005 the average home cost £138,227 in Newcastle upon Tyne and £116,811 in Wakefield. Now it is £204,282 and £197,147: Newcastle upon Tyne is up 48% and Wakefield is up 69%. Prices have risen faster in Wakefield, 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.

Newcastle upon Tyne: 5.6 years of payWakefield: 5.6 years of pay
Years of median pay needed to buy the average home in Newcastle upon Tyne and WakefieldNewcastle upon Tyne now 5.6, Wakefield now 5.6 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Newcastle upon Tyne and WakefieldNewcastle upon Tyne now 5.6, Wakefield now 5.6 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearNewcastle upon TyneWakefield
20056.6 years of pay5.7 years of pay
20106.4 years of pay5.4 years of pay
20155.6 years of pay5.2 years of pay
20205.5 years of pay5.6 years of pay
20255.6 years of pay5.6 years of pay

In 2005 a home cost 6.6 years of pay in Newcastle upon Tyne and 5.7 years in Wakefield. In 2025 it was 5.6 years and 5.6 years.

Affordability has worsened more in Wakefield over that time.

How rents have changed in each area

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

Newcastle upon Tyne: 176Wakefield: 148
Rents in Newcastle upon Tyne and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Wakefield now 148.100120140160180201620182020202220242026Rents in Newcastle upon Tyne and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Wakefield now 148.100120140160180201520202025
Show the figures
YearNewcastle upon TyneWakefield
2015100100
2016106101
2017113102
2018112103
2019113104
2020117108
2021123112
2022127119
2023137128
2024143136
2025160139
August 2026176148

In 2015 the average rent was £690 a month in Newcastle upon Tyne and £546 in Wakefield. Now it is £1,215 and £806: up 76% in Newcastle upon Tyne and up 48% in Wakefield. 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 Newcastle upon Tyne to Wakefield

Earning in Newcastle upon Tyne Equivalent to buy in Wakefield Equivalent to rent in Wakefield
£30,000 £25,000 £18,000
£40,000 £33,500 £24,500
£50,000 £42,000 £30,500
£60,000 £50,500 £36,500

Moving from Wakefield to Newcastle upon Tyne

Earning in Wakefield Equivalent to buy in Newcastle upon Tyne Equivalent to rent in Newcastle upon Tyne
£30,000 £36,000 £49,500
£40,000 £47,500 £66,000
£50,000 £59,500 £82,500
£60,000 £71,500 £99,000
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 Newcastle upon Tyne figures · All Wakefield figures