North East cost comparison of new homes and older homes
December 2020 - November 2021
The price of a newly built property is £260k in North East region. The price increased by £35.2k (16%) over the last twelve months. The price of an established property is £170k. There were 682 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 148 (21.7%) properties sold, followed by £300k-£400k price range with 137 (20.1%) properties sold. Most new homes were sold in Tyne and Wear, with 307 sold to date from December 2020 - November 2021.
| North East region | England and Wales |
|---|---|
£260kaverage price of a new property | £366kaverage price of a new property |
16%average price percentage change | 2%average price percentage change |
£35.2kaverage price change | £6.7kaverage price change |
December 2020 - November 2021
December 2020 - November 2021
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 228 | 33.4% | |
| Northumberland | 147 | 21.6% | |
| Tyne and Wear | 307 | 45% | |
shows a sales volume of new homes in a given price range between December 2020 - November 2021. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 2.5% | 17 |
| █ £50k-£100k | 5.1% | 35 |
| █ £100k-£150k | 8.2% | 56 |
| █ £150k-£200k | 14.7% | 100 |
| █ £200k-£250k | 21.7% | 148 |
| █ £250k-£300k | 16.4% | 112 |
| █ £300k-£400k | 20.1% | 137 |
| █ £400k-£500k | 9.4% | 64 |
| █ £500k-£750k | 1.8% | 12 |
| █ £750k-£1M | 0.1% | 1 |
December 2020 - November 2021
December 2020 - November 2021
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
