The price of a newly built property is £290k in Newcastle upon Tyne postcode area. The price increased by £21.8k (8%) over the last twelve months. The price of an established property is £203k. There were 169 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 38 (22.5%) properties sold, followed by £200k-£250k price range with 32 (18.9%) properties sold. Most new homes were sold in NE23 8, with 30 sold to date from March 2023 - February 2024.
| March 2023 - February 2024 | Newcastle upon Tyne postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £290k | £431k |
Average price change | 8% £21.8k | 13% £50.0k |
March 2023 - February 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £290k |
| █ An established property | £203k |
March 2023 - February 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 March 2023 - February 2024. See also Newcastle upon Tyne property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.8% | 3 |
| █ £100k-£150k | 9.5% | 16 |
| █ £150k-£200k | 16.0% | 27 |
| █ £200k-£250k | 18.9% | 32 |
| █ £250k-£300k | 13.6% | 23 |
| █ £300k-£400k | 22.5% | 38 |
| █ £400k-£500k | 13.0% | 22 |
| █ £500k-£750k | 4.7% | 8 |
March 2023 - February 2024
March 2023 - February 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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