The price of a newly built property is £280k in Newcastle upon Tyne postcode area. The price increased by £10.5k (4%) over the last twelve months. The price of an established property is £205k. There were 175 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 47 (26.9%) properties sold, followed by £200k-£250k price range with 42 (24.0%) properties sold. Most new homes were sold in NE23 8, with 45 sold to date from April 2023 - March 2024.
| April 2023 - March 2024 | Newcastle upon Tyne postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £280k | £403k |
Average price change | 4% £10.5k | 5% £19.8k |
April 2023 - March 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £280k |
| █ An established property | £205k |
April 2023 - March 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between April 2023 - March 2024. See also Newcastle upon Tyne property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.7% | 3 |
| █ £100k-£150k | 8.6% | 15 |
| █ £150k-£200k | 11.4% | 20 |
| █ £200k-£250k | 24.0% | 42 |
| █ £250k-£300k | 16.0% | 28 |
| █ £300k-£400k | 26.9% | 47 |
| █ £400k-£500k | 8.0% | 14 |
| █ £500k-£750k | 3.4% | 6 |
April 2023 - March 2024
April 2023 - March 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
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