The price of a newly built property is £263k in North East region. The price increased by £5.4k (2%) over the last twelve months. The price of an established property is £178k. There were 967 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 225 (23.3%) properties sold, followed by £300k-£400k price range with 196 (20.3%) properties sold. Most new homes were sold in Tyne and Wear, with 421 sold to date from February 2024 - January 2025.
| February 2024 - January 2025 | North East region | England & Wales |
|---|---|---|
| Average price of a new home | £263k | £377k |
Average price change | 2% £5.4k | -5% £-18.9k |
February 2024 - January 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £263k |
| █ An established property | £178k |
February 2024 - January 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 371 | 38.4% | |
| Northumberland | 175 | 18.1% | |
| Tyne and Wear | 421 | 43.5% | |
shows a sales volume of new homes in a given price range between February 2024 - January 2025. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.6% | 6 |
| █ £50k-£100k | 3.7% | 36 |
| █ £100k-£150k | 6.6% | 64 |
| █ £150k-£200k | 18.9% | 183 |
| █ £200k-£250k | 23.3% | 225 |
| █ £250k-£300k | 17.1% | 165 |
| █ £300k-£400k | 20.3% | 196 |
| █ £400k-£500k | 6.4% | 62 |
| █ £500k-£750k | 2.4% | 23 |
| █ £750k-£1M | 0.6% | 6 |
| █ over £1M | 0.1% | 1 |
February 2024 - January 2025
February 2024 - January 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
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