North East cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £229k in North East region. The price increased by £12.9k (6%) over the last twelve months. The price of an established property is £150k. There were 3797 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 888 (23.4%) properties sold, followed by £100k-£150k price range with 693 (18.3%) properties sold. Most new homes were sold in Durham, with 1577 sold to date from June 2019 - May 2020.
| North East region | England and Wales |
|---|---|
£229kaverage price of a new property | £342kaverage price of a new property |
6%average price percentage change | 1%average price percentage change |
£12.9kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 1.6k | 41.5% | |
| Northumberland | 858 | 22.6% | |
| Tyne and Wear | 1.4k | 35.9% | |
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| under £50k | 1.0% | 38 |
| £50k-£100k | 5.9% | 224 |
| £100k-£150k | 18.3% | 693 |
| £150k-£200k | 23.4% | 888 |
| £200k-£250k | 16.4% | 624 |
| £250k-£300k | 15.0% | 571 |
| £300k-£400k | 13.4% | 508 |
| £400k-£500k | 4.3% | 164 |
| £500k-£750k | 2.2% | 82 |
| £750k-£1M | 0.1% | 5 |
June 2019 - May 2020
June 2019 - May 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
