North East property prices

The average property price in North East region is £160k. The average price declined by £-92 (0%) over the last twelve months. The price of an established property is £149k. The price of a newly built property is £225k. There were 35.9k property sales and sales dropped by 3.6% (-1.4k transactions). Most properties were sold in the £100k-£150k price range with 9054 (25.2%) properties sold, followed by £50k-£100k price range with 9005 (25.1%) properties sold.

North East

region
March 2019 - February 2020

£160k

average property price

0%

average price percentage change

£-92

average price change

England + Wales

March 2019 - February 2020

£296k

average property price

1%

average price percentage change

£2.1k

average price change

North East house prices map

shows the average property price in a given county between March 2019 - February 2020. The most affordable place was 'Durham' with the average price of £142k. The most expensive place was 'Northumberland', £183k.

North East house prices map
CountyAverage price % of North East avg. price (£160k)
Durham£142k89%
Northumberland£183k115%
Tyne and Wear£169k106%

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 March 2019 - February 2020 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 £160k, 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 March 2019 - February 2020.

North East property sales share by price range
Property price rangeMarket shareSales volumes
under £50k7.7%2.8k
£50k-£100k25.1%9.0k
£100k-£150k25.2%9.1k
£150k-£200k17.8%6.4k
£200k-£250k9.5%3.4k
£250k-£300k6.2%2.2k
£300k-£400k5.3%1.9k
£400k-£500k1.8%661
£500k-£750k1.2%422
£750k-£1M0.2%73
over £1M0.1%23

North East cost comparison of new homes and older homes

March 2019 - February 2020

North East cost comparison of new homes and older homes

£225k

A newly built property

£149k

An established property

North East cost comparison of houses and flats

March 2019 - February 2020

North East cost comparison of houses and flats

£271k

Detached

£106k

Flat

£149k

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 square meter house prices compared to England & Wales' prices

Yearly average nominal prices per square meter.

Average price per square meter

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

Other reports for North East region

new home prices

property transactions

home features

population statistics

home energy certificates

crime statistics

energy costs

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