Newcastle upon Tyne newly built property prices

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 2024Newcastle upon Tyne postcode areaEngland & Wales
Average price of a new home£292k£381k

Average price change
7%
£18.7k
-4%
£-14.2k

Newcastle upon Tyne cost comparison of new homes and older homes

January 2024 - December 2024

Newcastle upon Tyne cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£292k
An established property£208k

Newcastle upon Tyne sales share of new homes and older homes

January 2024 - December 2024

Newcastle upon Tyne sales share of new homes and older homes

2.8%

A newly built property

355

97.2%

An established property

12.2k

12.6k

total sales volume

Newcastle upon Tyne map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Newcastle upon Tyne map of sales of new properties

Newcastle upon Tyne new home sales share by price range

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.

Newcastle upon Tyne new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.8%3
£50k-£100k3.1%11
£100k-£150k2.8%10
£150k-£200k15.2%54
£200k-£250k21.1%75
£250k-£300k19.4%69
£300k-£400k23.4%83
£400k-£500k8.5%30
£500k-£750k3.7%13
£750k-£1M1.7%6
over £1M0.3%1

Newcastle upon Tyne cost comparison of new houses and new flats

January 2024 - December 2024

Newcastle upon Tyne cost comparison of new houses and new flats

£353k

Detached

£153k

Flat

£200k

Semi-Detached

£176k

Terraced

Newcastle upon Tyne sales share of new houses and new flats

January 2024 - December 2024

Newcastle upon Tyne sales share of new houses and new flats

62.3%

Detached

221

0.3%

Flat

1

25.9%

Semi-Detached

92

11.5%

Terraced

41

Newcastle upon Tyne real new home prices

Yearly average nominal house prices adjusted for inflation

Newcastle upon Tyne real new home prices

Newcastle upon Tyne new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Newcastle upon Tyne new home prices

Newcastle upon Tyne new home prices and nearby areas

Yearly average nominal prices

Newcastle upon Tyne new home prices and nearby areas

Newcastle upon Tyne house prices new vs established

Yearly average nominal prices

Newcastle upon Tyne house prices new vs established

Newcastle upon Tyne annual sales of new homes and older homes

Total sales volumes by year

Newcastle upon Tyne annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Next for Newcastle upon Tyne postcode area

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