The price of a newly built property is £262k in North East region. The price increased by £5.0k (2%) over the last twelve months. The price of an established property is £179k. There were 1206 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 266 (22.1%) properties sold, followed by £300k-£400k price range with 244 (20.2%) properties sold. Most new homes were sold in Durham, with 494 sold to date from March 2024 - February 2025.
| March 2024 - February 2025 | North East region | England & Wales |
|---|---|---|
| Average price of a new home | £262k | £379k |
Average price change | 2% £5.0k | -4% £-17.8k |
March 2024 - February 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £262k |
| █ An established property | £179k |
March 2024 - February 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 494 | 41% | |
| Northumberland | 250 | 20.7% | |
| Tyne and Wear | 462 | 38.3% | |
shows a sales volume of new homes in a given price range between March 2024 - February 2025. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 1.8% | 22 |
| █ £50k-£100k | 2.5% | 30 |
| █ £100k-£150k | 6.1% | 73 |
| █ £150k-£200k | 18.7% | 226 |
| █ £200k-£250k | 22.1% | 266 |
| █ £250k-£300k | 19.4% | 234 |
| █ £300k-£400k | 20.2% | 244 |
| █ £400k-£500k | 6.5% | 78 |
| █ £500k-£750k | 2.3% | 28 |
| █ £750k-£1M | 0.3% | 4 |
| █ over £1M | 0.1% | 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
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