North East newly built property prices
The price of a newly built property is £220k in North East region. The price increased by £11.5k (6%) over the last twelve months. The price of an established property is £148k. There were 5159 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 1304 (25.3%) properties sold, followed by £100k-£150k price range with 1051 (20.4%) properties sold. Most new homes were sold in Durham, with 2094 sold to date from December 2018 - November 2019.North East
region
December 2018 - November 2019
£220k
average price of a new property6%
average price percentage change£11.5k
average price changeEngland + Wales
December 2018 - November 2019
£336k
avg. price of a new property-2%
average price percentage change£-7.6k
average price changeNorth East cost comparison of new homes and older homes
December 2018 - November 2019
£220k
A newly built property£148k
An established propertyNorth East sales share of new homes and older homes
December 2018 - November 2019
█ 14.7%
A newly built property5.2k
█ 85.3%
An established property30.0k
35.1k
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 December 2018 - November 2019. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|
| under £50k | 0.5% | 25 |
| £50k-£100k | 5.8% | 299 |
| £100k-£150k | 20.4% | 1.1k |
| £150k-£200k | 25.3% | 1.3k |
| £200k-£250k | 16.3% | 839 |
| £250k-£300k | 14.0% | 724 |
| £300k-£400k | 12.8% | 660 |
| £400k-£500k | 3.5% | 182 |
| £500k-£750k | 1.4% | 71 |
| £750k-£1M | 0.1% | 4 |
North East cost comparison of new houses and new flats
December 2018 - November 2019
£284k
Detached£155k
Flat£164k
Semi-Detached£141k
TerracedNorth East sales share of new houses and new flats
December 2018 - November 2019
█ 50.7%
Detached2.6k
█ 5.4%
Flat277
█ 27.0%
Semi-Detached1.4k
█ 16.9%
Terraced871
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: