The price of a newly built property is £266k in Newcastle upon Tyne postcode area. The price declined by £-4.6k (-2%) over the last twelve months. The price of an established property is £210k. There were 580 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 127 (21.9%) properties sold, followed by £200k-£250k price range with 123 (21.2%) properties sold. Most new homes were sold in NE23 8, with 65 sold to date from March 2024 - February 2025.
March 2024 - February 2025 | Newcastle upon Tyne postcode area | England & Wales |
---|---|---|
Average price of a new home | £266k | £379k |
Average price change | -2% £-4.6k | -4% £-17.8k |
March 2024 - February 2025
New or established | Average price |
---|---|
█ A newly built property | £266k |
█ An established property | £210k |
March 2024 - February 2025
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 March 2024 - February 2025. See also Newcastle upon Tyne property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 3.1% | 18 |
█ £50k-£100k | 4.0% | 23 |
█ £100k-£150k | 6.2% | 36 |
█ £150k-£200k | 13.8% | 80 |
█ £200k-£250k | 21.2% | 123 |
█ £250k-£300k | 20.2% | 117 |
█ £300k-£400k | 21.9% | 127 |
█ £400k-£500k | 5.9% | 34 |
█ £500k-£750k | 3.1% | 18 |
█ £750k-£1M | 0.5% | 3 |
█ over £1M | 0.2% | 1 |
March 2024 - February 2025
March 2024 - February 2025
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