Pay vs Place

Newcastle upon Tyne vs Woking: buying or renting a home

A typical terraced house costs £230,000 (124%) more in Woking than in Newcastle upon Tyne. Measured against local pay, buying is harder in Woking: it takes 9.5× median annual pay, against 5.2× in Newcastle upon Tyne.

Newcastle upon Tyne, terraced
£185,000
Income typically needed: £37,000
Median full-time pay: £35,446
Woking, terraced
£415,000
Income typically needed: £83,000
Median full-time pay: £43,719

At a glance

Newcastle upon Tyne Woking
Buying a home Fairly affordable Expensive
Renting a home Very expensive Very expensive
Recorded crime Above average About 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 Woking (£43,719) is 23% higher than in Newcastle upon Tyne (£35,446), while a typical terraced house costs 124% more (£415,000 against £185,000). 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 5.2× annual pay in Newcastle upon Tyne and 9.5× in Woking. Renting one takes 44% of pay in Newcastle upon Tyne and 41% in Woking. The two measures point different ways: buying is harder in Woking, but renting takes a bigger share of pay in Newcastle upon Tyne.

Across all property types and measured against pay, Newcastle upon Tyne is the 53rd least expensive of 316 areas to buy in, and Woking is the 46th most expensive of 316 areas. For renting against pay, Newcastle upon Tyne is the 70th most expensive of 316 areas and Woking is the 52nd most expensive of 316 areas.

Someone on £40,000 in Newcastle upon Tyne would need about £89,500 in Woking to be equally placed to buy a terraced house, and about £46,000 to be equally placed to rent one. Keeping the same pay after a move to Woking would leave you worse 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 62.3 in Woking, so recorded crime per resident is 42% lower in Woking. The biggest difference is in vehicle offences: 5.9 per 1,000 in Newcastle upon Tyne against 2.6 in Woking.

Can a typical earner buy?

Terraced house Newcastle upon Tyne Woking
Median full-time pay £35,446 £43,719
House price ÷ pay 5.2× 9.5×
Median pay as a share of income typically needed to buy 96% 53%
Rent a year as a share of median pay 44% 41%

Buying, by property type

Type Newcastle upon Tyne Woking Difference
Detached £357,000 £787,500 +121% in Woking
Semi-detached £215,000 £482,000 +124% in Woking
Terraced £185,000 £415,000 +124% in Woking
Flat £155,000 £250,000 +61% in Woking

Renting, by property type

Type (average rent a month) Newcastle upon Tyne Woking Difference
Detached £1,697 £2,508 +48% in Woking
Semi-detached £1,263 £1,762 +40% in Woking
Terraced £1,293 £1,491 +15% in Woking
Flat £993 £1,292 +30% in Woking

Crime

Police recorded 107.4 crimes per 1,000 residents in Newcastle upon Tyne and 62.3 in Woking, so recorded crime per resident is 42% lower in Woking.

Police recorded crime per 1,000 residents Newcastle upon Tyne Woking Difference
All recorded crime (excluding fraud) 107.4 62.3 -42% in Woking
Violence against the person 36.6 24.8 -32% in Woking
Sexual offences 4.5 2.3 -48% in Woking
Robbery 2.3 0.7 -71% in Woking
Residential burglary (per 1,000 households) 9.0 4.1 -54% in Woking
Vehicle offences 5.9 2.6 -55% in Woking
Theft from the person 1.4 0.3 -74% in Woking
Criminal damage and arson 10.3 5.7 -45% in Woking

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: 148Woking: 189
House prices in Newcastle upon Tyne and Woking since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Woking now 189.7510012515017520020052010201520202025House prices in Newcastle upon Tyne and Woking since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Woking now 189.7510012515017520020102020
Show the figures
YearNewcastle upon TyneWoking
2005100100
2006108104
2007115118
2008110118
200999104
2010103114
201198116
201298121
201398125
2014101141
2015108155
2016111170
2017112173
2018114175
2019114175
2020115176
2021123183
2022132196
2023134197
2024137194
2025145192
12 months to July 2026148189

In 2005 the average home cost £138,227 in Newcastle upon Tyne and £231,726 in Woking. Now it is £204,282 and £438,721: Newcastle upon Tyne is up 48% and Woking is up 89%. Prices have risen faster in Woking, 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.

Newcastle upon Tyne: 5.6 years of payWoking: 10.2 years of pay
Years of median pay needed to buy the average home in Newcastle upon Tyne and WokingNewcastle upon Tyne now 5.6, Woking now 10.2 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Newcastle upon Tyne and WokingNewcastle upon Tyne now 5.6, Woking now 10.2 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearNewcastle upon TyneWoking
20056.6 years of pay–
20106.4 years of pay9.2 years of pay
20155.6 years of pay11.6 years of pay
20205.5 years of pay10.1 years of pay
20255.6 years of pay10.2 years of pay

In 2010 a home cost 6.4 years of pay in Newcastle upon Tyne and 9.2 years in Woking. In 2025 it was 5.6 years and 10.2 years.

Affordability has worsened more in Woking 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: 176Woking: 128
Rents in Newcastle upon Tyne and Woking since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Woking now 128.100120140160180201620182020202220242026Rents in Newcastle upon Tyne and Woking since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Woking now 128.100120140160180201520202025
Show the figures
YearNewcastle upon TyneWoking
2015100100
2016106104
2017113105
2018112103
2019113102
2020117103
2021123104
2022127107
2023137115
2024143124
2025160130
August 2026176128

In 2015 the average rent was £690 a month in Newcastle upon Tyne and £1,264 in Woking. Now it is £1,215 and £1,620: up 76% in Newcastle upon Tyne and up 28% in Woking. 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 Woking

Earning in Newcastle upon Tyne Equivalent to buy in Woking Equivalent to rent in Woking
£30,000 £67,500 £34,500
£40,000 £89,500 £46,000
£50,000 £112,000 £57,500
£60,000 £134,500 £69,000

Moving from Woking to Newcastle upon Tyne

Earning in Woking Equivalent to buy in Newcastle upon Tyne Equivalent to rent in Newcastle upon Tyne
£30,000 £13,500 £26,000
£40,000 £18,000 £34,500
£50,000 £22,500 £43,500
£60,000 £26,500 £52,000
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 Woking figures