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North East property prices

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.

North East house prices map
CountyAverage price % of North East avg. price (£159k)
Durham£143k90%
Northumberland£184k116%
Tyne and Wear£167k104%

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.

North East house prices compared to other regionsAverage price percentage change
Average 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 house price rank

North East property sales share by price range

shows a number of properties sold in a given price range between September 2018 - August 2019.

North East property sales share by price range
Property price rangeMarket shareSales volumes
under £50k7.5%2.6k
£50k-£100k25.2%8.9k
£100k-£150k25.6%9.0k
£150k-£200k17.8%6.3k
£200k-£250k9.7%3.4k
£250k-£300k5.9%2.1k
£300k-£400k5.2%1.8k
£400k-£500k1.7%601
£500k-£750k1.0%365
£750k-£1M0.2%54
over £1M0.1%30

North East cost comparison of new homes and older homes

September 2018 - August 2019

North East cost comparison of new homes and older homes

£215k

A newly built property

£150k

An established property

North East cost comparison of houses and flats

September 2018 - August 2019

North East cost comparison of houses and flats

£267k

Detached

£108k

Flat

£150k

Semi-Detached

£114k

Terraced

North East real house prices

Yearly average nominal house prices adjusted for inflation.

North East real house prices

North East house prices compared to England & Wales' house prices

Yearly average nominal prices

North East house prices

North East house prices and nearby regions

Yearly average nominal prices

North East house prices and nearby regions

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.

North East house prices new vs established

North East house prices by property type

Yearly average nominal prices

North East house prices by property type

Associated reports:

North East new home prices

North East property transactions

North East crime statistics

North East population statistics

North East home energy certificates

North East home features

North East energy costs

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