North East newly built property prices

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.

June 2019 - May 2020

North East regionEngland and Wales

£229k

average price of a new property

£342k

average price of a new property

6%

average price percentage change

1%

average price percentage change

£12.9k

average price change

£4.9k

average price change

North East cost comparison of new homes and older homes

June 2019 - May 2020

North East cost comparison of new homes and older homes

£229k

A newly built property

£150k

An established property

North East sales share of new homes and older homes

June 2019 - May 2020

North East sales share of new homes and older homes

12.9%

A newly built property

3.8k

87.1%

An established property

25.6k

29.4k

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
Durham1.6k41.5%
Northumberland85822.6%
Tyne and Wear1.4k35.9%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k1.0%38
£50k-£100k5.9%224
£100k-£150k18.3%693
£150k-£200k23.4%888
£200k-£250k16.4%624
£250k-£300k15.0%571
£300k-£400k13.4%508
£400k-£500k4.3%164
£500k-£750k2.2%82
£750k-£1M0.1%5

North East cost comparison of new houses and new flats

June 2019 - May 2020

North East cost comparison of new houses and new flats

£293k

Detached

£159k

Flat

£165k

Semi-Detached

£136k

Terraced

North East sales share of new houses and new flats

June 2019 - May 2020

North East sales share of new houses and new flats

53.1%

Detached

2.0k

3.9%

Flat

149

28.7%

Semi-Detached

1.1k

14.3%

Terraced

542

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

Other reports for North East region

house prices

property transactions

home energy certificates

population statistics

energy costs

home features

crime statistics

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