The price of a newly built property is £292k in Newcastle upon Tyne postcode area. The price increased by £18.7k (7%) over the last twelve months. The price of an established property is £208k. There were 355 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 83 (23.4%) properties sold, followed by £200k-£250k price range with 75 (21.1%) properties sold. Most new homes were sold in NE23 8, with 29 sold to date from January 2024 - December 2024.
January 2024 - December 2024 | Newcastle upon Tyne postcode area | England & Wales |
---|---|---|
Average price of a new home | £292k | £381k |
Average price change | 7% £18.7k | -4% £-14.2k |
January 2024 - December 2024
New or established | Average price |
---|---|
█ A newly built property | £292k |
█ An established property | £208k |
January 2024 - December 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 January 2024 - December 2024. See also Newcastle upon Tyne property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 0.8% | 3 |
█ £50k-£100k | 3.1% | 11 |
█ £100k-£150k | 2.8% | 10 |
█ £150k-£200k | 15.2% | 54 |
█ £200k-£250k | 21.1% | 75 |
█ £250k-£300k | 19.4% | 69 |
█ £300k-£400k | 23.4% | 83 |
█ £400k-£500k | 8.5% | 30 |
█ £500k-£750k | 3.7% | 13 |
█ £750k-£1M | 1.7% | 6 |
█ over £1M | 0.3% | 1 |
January 2024 - December 2024
January 2024 - December 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