The price of a newly built property is £293k in Tyne and Wear county. The price increased by £34.7k (13%) over the last twelve months. The price of an established property is £189k. There were 110 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 33 (30.0%) properties sold, followed by £200k-£250k price range with 32 (29.1%) properties sold. Most new homes were sold in NE13 9, with 24 sold to date from April 2023 - March 2024.
| April 2023 - March 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £293k | £403k |
Average price change | 13% £34.7k | 5% £19.8k |
April 2023 - March 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £293k |
| █ An established property | £189k |
April 2023 - March 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 April 2023 - March 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 3.6% | 4 |
| █ £100k-£150k | 0.9% | 1 |
| █ £150k-£200k | 5.5% | 6 |
| █ £200k-£250k | 29.1% | 32 |
| █ £250k-£300k | 19.1% | 21 |
| █ £300k-£400k | 30.0% | 33 |
| █ £400k-£500k | 8.2% | 9 |
| █ £500k-£750k | 3.6% | 4 |
April 2023 - March 2024
April 2023 - March 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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