The price of a newly built property is £261k in North East region. The price declined by £-1.5k (-1%) over the last twelve months. The price of an established property is £174k. There were 853 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 189 (22.2%) properties sold, followed by £200k-£250k price range with 186 (21.8%) properties sold. Most new homes were sold in Tyne and Wear, with 348 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | North East region | England & Wales |
|---|---|---|
| Average price of a new home | £261k | £381k |
Average price change | -1% £-1.5k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £261k |
| █ An established property | £174k |
November 2023 - October 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 302 | 35.4% | |
| Northumberland | 203 | 23.8% | |
| Tyne and Wear | 348 | 40.8% | |
shows a sales volume of new homes in a given price range between November 2023 - October 2024. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 1.6% | 14 |
| █ £50k-£100k | 4.8% | 41 |
| █ £100k-£150k | 5.3% | 45 |
| █ £150k-£200k | 19.3% | 165 |
| █ £200k-£250k | 21.8% | 186 |
| █ £250k-£300k | 15.8% | 135 |
| █ £300k-£400k | 22.2% | 189 |
| █ £400k-£500k | 6.0% | 51 |
| █ £500k-£750k | 2.8% | 24 |
| █ £750k-£1M | 0.4% | 3 |
November 2023 - October 2024
November 2023 - October 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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