The price of a newly built property is £258k in Tyne and Wear county. The price declined by £-8.9k (-3%) over the last twelve months. The price of an established property is £188k. There were 348 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 90 (25.9%) properties sold, followed by £200k-£250k price range with 81 (23.3%) properties sold. Most new homes were sold in NE5 1, with 39 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £258k | £381k |
Average price change | -3% £-8.9k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £258k |
| █ An established property | £188k |
November 2023 - October 2024
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 November 2023 - October 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 10.3% | 36 |
| █ £100k-£150k | 2.9% | 10 |
| █ £150k-£200k | 14.9% | 52 |
| █ £200k-£250k | 23.3% | 81 |
| █ £250k-£300k | 14.7% | 51 |
| █ £300k-£400k | 25.9% | 90 |
| █ £400k-£500k | 5.7% | 20 |
| █ £500k-£750k | 2.0% | 7 |
| █ £750k-£1M | 0.3% | 1 |
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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