The price of a newly built property is £260k in North East region. The price declined by £-4.1k (-2%) over the last twelve months. The price of an established property is £173k. There were 675 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 153 (22.7%) properties sold, followed by £300k-£400k price range with 138 (20.4%) properties sold. Most new homes were sold in Durham, with 280 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | North East region | England & Wales |
|---|---|---|
| Average price of a new home | £260k | £373k |
Average price change | -2% £-4.1k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £260k |
| █ An established property | £173k |
October 2023 - September 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 280 | 41.5% | |
| Northumberland | 141 | 20.9% | |
| Tyne and Wear | 254 | 37.6% | |
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 8.3% | 56 |
| █ £100k-£150k | 5.5% | 37 |
| █ £150k-£200k | 16.6% | 112 |
| █ £200k-£250k | 22.7% | 153 |
| █ £250k-£300k | 16.4% | 111 |
| █ £300k-£400k | 20.4% | 138 |
| █ £400k-£500k | 6.8% | 46 |
| █ £500k-£750k | 3.0% | 20 |
| █ £750k-£1M | 0.3% | 2 |
October 2023 - September 2024
October 2023 - September 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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