North East newly built property prices

The price of a newly built property is £268k in North East region. The price increased by £8.1k (3%) over the last twelve months. The price of an established property is £184k. There were 1464 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 350 (23.9%) properties sold, followed by £200k-£250k price range with 324 (22.1%) properties sold. Most new homes were sold in Tyne and Wear, with 601 sold to date from June 2024 - May 2025.

June 2024 - May 2025North East regionEngland & Wales
Average price of a new home£268k£384k

Average price change
3%
£8.1k
-2%
£-6.6k

North East cost comparison of new homes and older homes

June 2024 - May 2025

North East cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£268k
An established property£184k

North East sales share of new homes and older homes

June 2024 - May 2025

North East sales share of new homes and older homes

4.9%

A newly built property

1.5k

95.1%

An established property

28.4k

29.9k

total sales volume

North East map of sales of new properties

shows the total volume of new homes sold a given county.

North East map of sales of new properties

CountySales volumeMarket share
Durham60041%
Northumberland26318%
Tyne and Wear60141.1%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between June 2024 - May 2025. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k1.0%14
£50k-£100k3.1%46
£100k-£150k5.1%74
£150k-£200k17.5%256
£200k-£250k22.1%324
£250k-£300k18.0%264
£300k-£400k23.9%350
£400k-£500k6.4%94
£500k-£750k2.6%38
£750k-£1M0.2%3
over £1M0.1%1

North East cost comparison of new houses and new flats

June 2024 - May 2025

North East cost comparison of new houses and new flats

£322k

Detached

£273k

Flat

£197k

Semi-Detached

£167k

Terraced

North East sales share of new houses and new flats

June 2024 - May 2025

North East sales share of new houses and new flats

59.6%

Detached

873

1.3%

Flat

19

23.8%

Semi-Detached

348

15.3%

Terraced

224

North East real new home prices

Yearly average nominal house prices adjusted for inflation

North East real new home prices

North East new home prices compared to England & Wales' new home prices

Yearly average nominal prices

North East new home prices

North East new home prices and nearby regions

Yearly average nominal prices

North East new home prices and nearby regions

North East house prices new vs established

Yearly average nominal prices

North East house prices new vs established

North East annual sales of new homes and older homes

Total sales volumes by year

North East annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Next for North East region

→ House prices  

→ House prices per square metre  

→ Property transactions  

→ Population statistics  

→ Crime statistics  

→ Home features  

→ Energy costs  

→ Salary and unemployment  

→ Home energy efficiency  

plumplot area insights tutorial
Homeimage/svg+xmlhttps://openclipart.org/detail/170282/eco-green-house-icon-by-cybergedeondominiquechappard