North East newly built property prices

The price of a newly built property is £225k in North East region. The price increased by £5.4k (2%) over the last twelve months. The price of an established property is £149k. There were 2886 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 633 (21.9%) properties sold, followed by £100k-£150k price range with 488 (16.9%) properties sold. Most new homes were sold in Durham, with 1159 sold to date from September 2019 - August 2020.

September 2019 - August 2020

North East regionEngland and Wales

£225k

average price of a new property

£349k

average price of a new property

2%

average price percentage change

4%

average price percentage change

£5.4k

average price change

£12.1k

average price change

North East cost comparison of new homes and older homes

September 2019 - August 2020

North East cost comparison of new homes and older homes

£225k

A newly built property

£149k

An established property

North East sales share of new homes and older homes

September 2019 - August 2020

North East sales share of new homes and older homes

10.8%

A newly built property

2.9k

89.2%

An established property

23.9k

26.7k

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
Durham1.2k40.2%
Northumberland62621.7%
Tyne and Wear1.1k38.1%

North East new home sales share by price range

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

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k2.1%61
£50k-£100k8.4%241
£100k-£150k16.9%488
£150k-£200k21.9%633
£200k-£250k16.1%466
£250k-£300k14.0%404
£300k-£400k14.1%407
£400k-£500k3.9%113
£500k-£750k2.5%71
£750k-£1M0.1%2

North East cost comparison of new houses and new flats

September 2019 - August 2020

North East cost comparison of new houses and new flats

£296k

Detached

£111k

Flat

£164k

Semi-Detached

£135k

Terraced

North East sales share of new houses and new flats

September 2019 - August 2020

North East sales share of new houses and new flats

52.1%

Detached

1.5k

7.4%

Flat

213

27.0%

Semi-Detached

780

13.4%

Terraced

388

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 features

population statistics

crime statistics

energy costs

home energy certificates

Homeimage/svg+xmlOpencliparteco green house icon2012-05-29T15:40:56https://openclipart.org/detail/170282/eco-green-house-icon-by-cybergedeondominiquechappardecologygreenhomehouseicon