North East cost comparison of new homes and older homes
December 2019 - November 2020
The price of a newly built property is £222k in North East region. The price increased by £448 (0%) over the last twelve months. The price of an established property is £151k. There were 2485 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 477 (19.2%) properties sold, followed by £200k-£250k price range with 399 (16.1%) properties sold. Most new homes were sold in Tyne and Wear, with 1122 sold to date from December 2019 - November 2020.
| North East region | England and Wales |
|---|---|
£222kaverage price of a new property | £367kaverage price of a new property |
0%average price percentage change | 9%average price percentage change |
£448average price change | £29.2kaverage price change |
December 2019 - November 2020
December 2019 - November 2020
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 853 | 34.3% | |
| Northumberland | 510 | 20.5% | |
| Tyne and Wear | 1.1k | 45.2% | |
shows a sales volume of new homes in a given price range between December 2019 - November 2020. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 1.7% | 42 |
| █ £50k-£100k | 14.5% | 360 |
| █ £100k-£150k | 13.4% | 332 |
| █ £150k-£200k | 19.2% | 477 |
| █ £200k-£250k | 16.1% | 399 |
| █ £250k-£300k | 14.3% | 355 |
| █ £300k-£400k | 15.0% | 372 |
| █ £400k-£500k | 3.7% | 91 |
| █ £500k-£750k | 2.3% | 56 |
| █ £750k-£1M | 0.0% | 1 |
December 2019 - November 2020
December 2019 - November 2020
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
