The price of a newly built property is £270k in Tyne and Wear county. The price increased by £1.8k (1%) over the last twelve months. The price of an established property is £190k. There were 460 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 109 (23.7%) properties sold, followed by £300k-£400k price range with 106 (23.0%) properties sold. Most new homes were sold in NE13 9, with 46 sold to date from December 2023 - November 2024.
| December 2023 - November 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £270k | £377k |
Average price change | 1% £1.8k | -5% £-20.2k |
December 2023 - November 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £270k |
| █ An established property | £190k |
December 2023 - November 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 December 2023 - November 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 6.1% | 28 |
| █ £100k-£150k | 3.5% | 16 |
| █ £150k-£200k | 17.4% | 80 |
| █ £200k-£250k | 23.7% | 109 |
| █ £250k-£300k | 17.2% | 79 |
| █ £300k-£400k | 23.0% | 106 |
| █ £400k-£500k | 5.7% | 26 |
| █ £500k-£750k | 2.2% | 10 |
| █ £750k-£1M | 1.1% | 5 |
| █ over £1M | 0.2% | 1 |
December 2023 - November 2024
December 2023 - November 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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