The price of a newly built property is £268k in North East region. The price increased by £8.1k (3%) over the last twelve months. The price of an established property is £184k. There were 1464 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 350 (23.9%) properties sold, followed by £200k-£250k price range with 324 (22.1%) properties sold. Most new homes were sold in Tyne and Wear, with 601 sold to date from June 2024 - May 2025.
June 2024 - May 2025 | North East region | England & Wales |
---|---|---|
Average price of a new home | £268k | £384k |
Average price change | 3% £8.1k | -2% £-6.6k |
June 2024 - May 2025
New or established | Average price |
---|---|
█ A newly built property | £268k |
█ An established property | £184k |
June 2024 - May 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Durham | 600 | 41% | |
Northumberland | 263 | 18% | |
Tyne and Wear | 601 | 41.1% |
shows a sales volume of new homes in a given price range between June 2024 - May 2025. See also North East property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 1.0% | 14 |
█ £50k-£100k | 3.1% | 46 |
█ £100k-£150k | 5.1% | 74 |
█ £150k-£200k | 17.5% | 256 |
█ £200k-£250k | 22.1% | 324 |
█ £250k-£300k | 18.0% | 264 |
█ £300k-£400k | 23.9% | 350 |
█ £400k-£500k | 6.4% | 94 |
█ £500k-£750k | 2.6% | 38 |
█ £750k-£1M | 0.2% | 3 |
█ over £1M | 0.1% | 1 |
June 2024 - May 2025
June 2024 - May 2025
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