Here are some interesting graphs.
Essentially it seems to show clustering of care home deaths rates by region even with wildly different hospital death rates.
We see for the South West, that there are 78 per million care home deaths, 43 per million deaths at home, but just 46 in hospital. Meanwhile the West Midlands has 104 in care homes, 54 at home, and 203 in hospital.
If we look at the age profiles we find an explanation for this - London is much younger than everywhere else, at 36.7, and 3.4% over 80, while the SW is oldest at 42.7, with 6.2% of the population over 80. Other regions have between 5.0% and 5.6% over 80, and an average age of 40.1 to 41.6
So in fact the 78 per million care home deaths in the SW would be the equivalent of about 40 per million in London, which makes the figures less anomalous. And in reality perhaps less, as presumably older Londoners are less likely to be in care homes and instead at home, and maybe be sent to neighbouring regions
So we do indeed need to take logarithms of the age of everyone in the population, and then compare that total with the total excess deaths to work out how bad covid-19 has hit that area. In other words there isn't really a hard limit on covid-19 deaths in that relatively similar death rates in different regions in care homes does not imply that covid-19 just does its thing.
To get a better picture of what covid-19 really could do to care homes we'd need to take the deaths in London and re-base them by the actual care home population of London, not the total population of London.
There don't seem to be up-to-date statistics on this, but the 2011 census had 35,000 care home places in London, which is 0.43% of the then population, and 0.81% in the NE. It's likely that the 0.43% will have shrunk by now, as London has added another million people since then - there might be more than double the number of care homes per capita in the NE than London. Thus we see that with London as the worst case, where the are 1200 extra deaths in 4 weeks to 10 April, and likely to be 2,000+ by this point. This is something around 5% of the total population.
With 400k care home residents in the UK, we can see that covid-19 could kill 20k without much trouble, though so far that figure is below 10k.