The average property price in North East region is £159k. The average price increased by £1.5k (1%) over the last twelve months. The price of a newly built property was 215k and the price of an established property was 150k. There were 35.2k property sales and property sales dropped by 2.5% (-981 sales). Most properties were sold in the £100k-£150k price range with 9039 (25.6%) properties sold, followed by £50k-£100k price range with 8881 (25.2%) properties sold.
North East
region September 2018 - August 2019
£159k
average property price
1%
average price percentage change
£1.5k
average price change
England + Wales
September 2018 - August 2019
£291k
average property price
-1%
average price percentage change
£-2.3k
average price change
North East house prices map
shows the average property price in a given county between September 2018 - August 2019. The most affordable place was 'Durham' with the average price of £143k. The most expensive place was 'Northumberland', £184k.
County
Average price
% of North East avg. price (£159k)
Durham
£143k
90%
Northumberland
£184k
116%
Tyne and Wear
£167k
104%
North East house prices compared to other regions
Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between September 2018 - August 2019 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.
Average price percentage changeAverage property price
North East house price rank
With the average price of £159k, North East is the 1. cheapest region out of 10 England and Wales' regions.
North East property sales share by price range
shows a number of properties sold in a given price range between September 2018 - August 2019.
Property price range
Market share
Sales volumes
under £50k
7.5%
2.6k
£50k-£100k
25.2%
8.9k
£100k-£150k
25.6%
9.0k
£150k-£200k
17.8%
6.3k
£200k-£250k
9.7%
3.4k
£250k-£300k
5.9%
2.1k
£300k-£400k
5.2%
1.8k
£400k-£500k
1.7%
601
£500k-£750k
1.0%
365
£750k-£1M
0.2%
54
over £1M
0.1%
30
North East cost comparison of new homes and older homes
September 2018 - August 2019
£215k
A newly built property
£150k
An established property
North East cost comparison of houses and flats
September 2018 - August 2019
£267k
Detached
£108k
Flat
£150k
Semi-Detached
£114k
Terraced
North East real house prices
Yearly average nominal house prices adjusted for inflation.
North East house prices compared to England & Wales' house prices
Yearly average nominal prices
North East house prices and nearby regions
Yearly average nominal prices
North East house prices new vs established
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
Average price percentage change
