North East newly built property prices
The average price of newly build property in North East region is £215k. The price increased by £8.6k (4%) over the last twelve months. The price of a newly built property was 215k and the price of an established property was 150k. There were 5169 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 1324 (25.6%) properties sold, followed by £100k-£150k price range with 1107 (21.4%) properties sold. Most new homes were sold in Durham, with 2021 sold to date from September 2018 - August 2019.North East
region
September 2018 - August 2019
£215k
average price of a new property4%
average price percentage change£8.6k
average price changeEngland + Wales
September 2018 - August 2019
£334k
avg. price of a new property-4%
average price percentage change£-12.7k
average price changeNorth East cost comparison of new homes and older homes
September 2018 - August 2019
£215k
A newly built property£150k
An established propertyNorth East sales share of new homes and older homes
September 2018 - August 2019
█ 14.7%
A newly built property5.2k
█ 85.3%
An established property30.1k
35.2k
total sales volumeNorth East map of sales of new properties
shows the total volume of new homes sold a given county.
North East new home sales share by price range
shows a sales volume of new homes in a given price range between September 2018 - August 2019. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|
| under £50k | 0.1% | 7 |
| £50k-£100k | 6.0% | 308 |
| £100k-£150k | 21.4% | 1.1k |
| £150k-£200k | 25.6% | 1.3k |
| £200k-£250k | 17.9% | 925 |
| £250k-£300k | 13.4% | 692 |
| £300k-£400k | 11.6% | 602 |
| £400k-£500k | 2.7% | 140 |
| £500k-£750k | 1.2% | 60 |
| £750k-£1M | 0.1% | 4 |
North East cost comparison of new houses and new flats
September 2018 - August 2019
£274k
Detached£156k
Flat£163k
Semi-Detached£143k
TerracedNorth East sales share of new houses and new flats
September 2018 - August 2019
█ 50.6%
Detached2.6k
█ 5.7%
Flat295
█ 26.8%
Semi-Detached1.4k
█ 16.9%
Terraced875
North East real new home prices
Yearly average nominal house prices adjusted for inflation
North East new home prices compared to England & Wales' new home prices
Yearly average nominal prices
North East new home prices and nearby regions
Yearly average nominal prices
North East house prices new vs established
Yearly average nominal prices
North East annual sales of new homes and older homes
Total sales volumes by year
Associated reports: