The price of a newly built property is £258k in North East region. The price increased by £408 (0%) over the last twelve months. The price of an established property is £181k. There were 1309 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 313 (23.9%) properties sold, followed by £300k-£400k price range with 282 (21.5%) properties sold. Most new homes were sold in Tyne and Wear, with 525 sold to date from April 2024 - March 2025.
April 2024 - March 2025 | North East region | England & Wales |
---|---|---|
Average price of a new home | £258k | £381k |
Average price change | 0% £408 | -3% £-12.7k |
April 2024 - March 2025
New or established | Average price |
---|---|
█ A newly built property | £258k |
█ An established property | £181k |
April 2024 - March 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Durham | 498 | 38% | |
Northumberland | 286 | 21.8% | |
Tyne and Wear | 525 | 40.1% |
shows a sales volume of new homes in a given price range between April 2024 - March 2025. See also North East property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 1.0% | 13 |
█ £50k-£100k | 3.7% | 49 |
█ £100k-£150k | 6.6% | 87 |
█ £150k-£200k | 16.6% | 217 |
█ £200k-£250k | 23.9% | 313 |
█ £250k-£300k | 18.5% | 242 |
█ £300k-£400k | 21.5% | 282 |
█ £400k-£500k | 6.1% | 80 |
█ £500k-£750k | 1.8% | 24 |
█ £750k-£1M | 0.2% | 2 |
April 2024 - March 2025
April 2024 - March 2025
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