Pay vs Place

Newcastle upon Tyne vs Wokingham: buying or renting a home

A typical terraced house costs £200,000 (108%) more in Wokingham than in Newcastle upon Tyne. Measured against local pay, buying is harder in Wokingham: it takes 7.4× 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
Wokingham, terraced
£385,000
Income typically needed: £77,000
Median full-time pay: £52,222

At a glance

Newcastle upon Tyne Wokingham
Buying a home Fairly affordable Expensive
Renting a home Very expensive Expensive
Recorded crime Above average Low

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 Wokingham (£52,222) is 47% higher than in Newcastle upon Tyne (£35,446), while a typical terraced house costs 108% more (£385,000 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 7.4× in Wokingham. Renting one takes 44% of pay in Newcastle upon Tyne and 32% in Wokingham. The two measures point different ways: buying is harder in Wokingham, 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 Wokingham is the 81st most expensive of 316 areas. For renting against pay, Newcastle upon Tyne is the 70th most expensive of 316 areas and Wokingham is around the middle of 316 areas (150th most expensive).

Someone on £40,000 in Newcastle upon Tyne would need about £83,000 in Wokingham to be equally placed to buy a terraced house, and about £43,500 to be equally placed to rent one. Keeping the same pay after a move to Wokingham 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 39.2 in Wokingham, so recorded crime per resident is 63% lower in Wokingham. The biggest difference is in residential burglary: 9.0 per 1,000 in Newcastle upon Tyne against 2.9 in Wokingham.

Can a typical earner buy?

Terraced house Newcastle upon Tyne Wokingham
Median full-time pay £35,446 £52,222
House price ÷ pay 5.2× 7.4×
Median pay as a share of income typically needed to buy 96% 68%
Rent a year as a share of median pay 44% 32%

Buying, by property type

Type Newcastle upon Tyne Wokingham Difference
Detached £357,000 £670,000 +88% in Wokingham
Semi-detached £215,000 £482,000 +124% in Wokingham
Terraced £185,000 £385,000 +108% in Wokingham
Flat £155,000 £260,000 +68% in Wokingham

Renting, by property type

Type (average rent a month) Newcastle upon Tyne Wokingham Difference
Detached £1,697 £2,120 +25% in Wokingham
Semi-detached £1,263 £1,679 +33% in Wokingham
Terraced £1,293 £1,401 +8% in Wokingham
Flat £993 £1,206 +21% in Wokingham

Crime

Police recorded 107.4 crimes per 1,000 residents in Newcastle upon Tyne and 39.2 in Wokingham, so recorded crime per resident is 63% lower in Wokingham.

Police recorded crime per 1,000 residents Newcastle upon Tyne Wokingham Difference
All recorded crime (excluding fraud) 107.4 39.2 -63% in Wokingham
Violence against the person 36.6 14.9 -59% in Wokingham
Sexual offences 4.5 1.6 -63% in Wokingham
Robbery 2.3 0.4 -82% in Wokingham
Residential burglary (per 1,000 households) 9.0 2.9 -68% in Wokingham
Vehicle offences 5.9 2.2 -63% in Wokingham
Theft from the person 1.4 0.2 -88% in Wokingham
Criminal damage and arson 10.3 3.5 -66% in Wokingham

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: 148Wokingham: 203
House prices in Newcastle upon Tyne and Wokingham since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Wokingham now 203.5010015020025020052010201520202025House prices in Newcastle upon Tyne and Wokingham since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newcastle upon Tyne now 148, Wokingham now 203.5010015020025020102020
Show the figures
YearNewcastle upon TyneWokingham
2005100100
2006108105
2007115117
2008110115
200999104
2010103113
201198114
201298115
201398120
2014101135
2015108151
2016111168
2017112170
2018114171
2019114166
2020115171
2021123177
2022132191
2023134197
2024137195
2025145205
12 months to July 2026148203

In 2005 the average home cost £138,227 in Newcastle upon Tyne and £245,648 in Wokingham. Now it is £204,282 and £498,516: Newcastle upon Tyne is up 48% and Wokingham is up 103%. Prices have risen faster in Wokingham, 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 payWokingham: 9.6 years of pay
Years of median pay needed to buy the average home in Newcastle upon Tyne and WokinghamNewcastle upon Tyne now 5.6, Wokingham now 9.6 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Newcastle upon Tyne and WokinghamNewcastle upon Tyne now 5.6, Wokingham now 9.6 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearNewcastle upon TyneWokingham
20056.6 years of pay7.6 years of pay
20106.4 years of pay7.8 years of pay
20155.6 years of pay9.9 years of pay
20205.5 years of pay11.0 years of pay
20255.6 years of pay9.6 years of pay

In 2005 a home cost 6.6 years of pay in Newcastle upon Tyne and 7.6 years in Wokingham. In 2025 it was 5.6 years and 9.6 years.

Affordability has worsened more in Wokingham 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: 176Wokingham: 139
Rents in Newcastle upon Tyne and Wokingham since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Wokingham now 139.100120140160180201620182020202220242026Rents in Newcastle upon Tyne and Wokingham since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newcastle upon Tyne now 176, Wokingham now 139.100120140160180201520202025
Show the figures
YearNewcastle upon TyneWokingham
2015100100
2016106102
2017113105
2018112103
2019113104
2020117103
2021123104
2022127106
2023137112
2024143126
2025160137
August 2026176139

In 2015 the average rent was £690 a month in Newcastle upon Tyne and £1,057 in Wokingham. Now it is £1,215 and £1,466: up 76% in Newcastle upon Tyne and up 39% in Wokingham. 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 Wokingham

Earning in Newcastle upon Tyne Equivalent to buy in Wokingham Equivalent to rent in Wokingham
£30,000 £62,500 £32,500
£40,000 £83,000 £43,500
£50,000 £104,000 £54,000
£60,000 £125,000 £65,000

Moving from Wokingham to Newcastle upon Tyne

Earning in Wokingham Equivalent to buy in Newcastle upon Tyne Equivalent to rent in Newcastle upon Tyne
£30,000 £14,500 £27,500
£40,000 £19,000 £37,000
£50,000 £24,000 £46,000
£60,000 £29,000 £55,500
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 Newcastle upon Tyne figures · All Wokingham figures