North East newly built property prices

The price of a newly built property is £260k in North East region. The price increased by £35.2k (16%) over the last twelve months. The price of an established property is £170k. There were 682 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 148 (21.7%) properties sold, followed by £300k-£400k price range with 137 (20.1%) properties sold. Most new homes were sold in Tyne and Wear, with 307 sold to date from December 2020 - November 2021.

December 2020 - November 2021

North East regionEngland and Wales

£260k

average price of a new property

£366k

average price of a new property

16%

average price percentage change

2%

average price percentage change

£35.2k

average price change

£6.7k

average price change

North East cost comparison of new homes and older homes

December 2020 - November 2021

North East cost comparison of new homes and older homes

£260k

A newly built property

£170k

An established property

North East sales share of new homes and older homes

December 2020 - November 2021

North East sales share of new homes and older homes

2.4%

A newly built property

682

97.6%

An established property

27.5k

28.2k

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
Durham22833.4%
Northumberland14721.6%
Tyne and Wear30745%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between December 2020 - November 2021. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k2.5%17
£50k-£100k5.1%35
£100k-£150k8.2%56
£150k-£200k14.7%100
£200k-£250k21.7%148
£250k-£300k16.4%112
£300k-£400k20.1%137
£400k-£500k9.4%64
£500k-£750k1.8%12
£750k-£1M0.1%1

North East cost comparison of new houses and new flats

December 2020 - November 2021

North East cost comparison of new houses and new flats

£315k

Detached

£228k

Flat

£185k

Semi-Detached

£142k

Terraced

North East sales share of new houses and new flats

December 2020 - November 2021

North East sales share of new houses and new flats

62.6%

Detached

427

3.1%

Flat

21

17.6%

Semi-Detached

120

16.7%

Terraced

114

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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

house prices per square meter

property transactions

home features

energy costs

population statistics

salary and unemployment

home energy certificates

crime statistics

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