The price of a newly built property is £264k in Tyne and Wear county. The price declined by £-1.2k (0%) over the last twelve months. The price of an established property is £187k. There were 254 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 68 (26.8%) properties sold, followed by £300k-£400k price range with 67 (26.4%) properties sold. Most new homes were sold in NE25 0, with 29 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £264k | £373k |
Average price change | 0% £-1.2k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £264k |
| █ An established property | £187k |
October 2023 - September 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 October 2023 - September 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 11.4% | 29 |
| █ £100k-£150k | 2.8% | 7 |
| █ £150k-£200k | 8.7% | 22 |
| █ £200k-£250k | 26.8% | 68 |
| █ £250k-£300k | 13.4% | 34 |
| █ £300k-£400k | 26.4% | 67 |
| █ £400k-£500k | 8.3% | 21 |
| █ £500k-£750k | 2.4% | 6 |
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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