The price of a newly built property is £267k in Tyne and Wear county. The price declined by £-3.9k (-1%) over the last twelve months. The price of an established property is £193k. There were 462 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 105 (22.7%) properties sold, followed by £300k-£400k price range with 102 (22.1%) properties sold. Most new homes were sold in NE29 8, with 34 sold to date from March 2024 - February 2025.
| March 2024 - February 2025 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £267k | £379k |
Average price change | -1% £-3.9k | -4% £-17.8k |
March 2024 - February 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £267k |
| █ An established property | £193k |
March 2024 - February 2025
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 March 2024 - February 2025. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 5.0% | 23 |
| █ £100k-£150k | 5.4% | 25 |
| █ £150k-£200k | 16.0% | 74 |
| █ £200k-£250k | 20.6% | 95 |
| █ £250k-£300k | 22.7% | 105 |
| █ £300k-£400k | 22.1% | 102 |
| █ £400k-£500k | 5.2% | 24 |
| █ £500k-£750k | 2.2% | 10 |
| █ £750k-£1M | 0.6% | 3 |
| █ over £1M | 0.2% | 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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