First wave of Jesmond student houses exceed £200 per week barrier

Housing prices for 2027/28 in Jesmond have pushed past the £200 per week mark, leaving students indecisive about which Newcastle suburb to live in.
Every October brings pressure for students to secure a home, and it becomes increasingly more difficult with the student house market revealing an extreme increase in renting prices.
Students who have lived in Jesmond for the past year told JesmondLocal that finding a house “is such a stressful experience”.
“They go out way too early in the academic year,” Ruby Wilkinson said. Another student resident, Mia MacLeay, said: “Everyone makes it seem like there won’t be any left by November.”
In a 2026 national student accommodation survey, 61% said they felt pressured into picking a property due to a lack of alternatives, while 57% started their property search earlier than intended.
Houses on popular streets Cavendish and Devonshire Place offering up to eight bedrooms have surpassed the £200 per week price point leaving students with a financial dilemma.

Jesmond is among one of the most expensive areas in Newcastle for student living, averaging around £50 per week more than Heaton and Shieldfield.
When asked if the prices put her off, MacLeay said “you are definitely paying for location rather than quality”.
While some students said that the price doesn’t affect their desire to keep living there, others said: “it’s so expensive just for the area when you aren’t getting much difference compared to Heaton”.
Izzy Whitley, a third-year student who has lived in Heaton over the past year, told JesmondLocal: “I think that students forget that Jesmond isn’t their only option.”
She added: “There are amazing communities in places like Heaton, Sandyford and Ouseburn with great pubs, bars and independent shops that offer an alternative to Jesmond and West Jesmond that’s often more affordable.”
Pat Rosbson letting agents favour Heaton to Jesmond for those reasons, and make Newcastle and Northumbria students aware on their website that in comparison to Jesmond, “rents are often lower, making it an attractive proposition.”
When asking current students in a survey if they would remain in Jesmond and deal with the prices, all those surveyed said they would because of: social life, walking distance to university, near lots of friends, cute cafes and shop options.
Fortunately for students who may have concerns about locating a Jesmond house, the Renters Right Act 2026 allows tenants to be flexible with signing their contract up until six months before the tenancy starts. While a traditional “break clause” is not used, a strict six-month timing regulation dictates the validity of the contract’s termination conditions.
Students have been continuing to live in Jesmond since the 1950s, and although the prices are skyrocketing, they don’t seem to be putting people off the area.