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 property

6%

average price percentage change

£11.5k

average price change

England + Wales

December 2018 - November 2019

£336k

avg. price of a new property

-2%

average price percentage change

£-7.6k

average price change

North East cost comparison of new homes and older homes

December 2018 - November 2019

North East cost comparison of new homes and older homes

£220k

A newly built property

£148k

An established property

North East sales share of new homes and older homes

December 2018 - November 2019

North East sales share of new homes and older homes

14.7%

A newly built property

5.2k

85.3%

An established property

30.0k

35.1k

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
Durham2.1k40.6%
Northumberland1.1k22.3%
Tyne and Wear1.9k37.1%

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.

North East new home sales share by price range
Property price rangeMarket shareSales volume
under £50k0.5%25
£50k-£100k5.8%299
£100k-£150k20.4%1.1k
£150k-£200k25.3%1.3k
£200k-£250k16.3%839
£250k-£300k14.0%724
£300k-£400k12.8%660
£400k-£500k3.5%182
£500k-£750k1.4%71
£750k-£1M0.1%4

North East cost comparison of new houses and new flats

December 2018 - November 2019

North East cost comparison of new houses and new flats

£284k

Detached

£155k

Flat

£164k

Semi-Detached

£141k

Terraced

North East sales share of new houses and new flats

December 2018 - November 2019

North East sales share of new houses and new flats

50.7%

Detached

2.6k

5.4%

Flat

277

27.0%

Semi-Detached

1.4k

16.9%

Terraced

871

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

Associated reports:

North East house prices

North East property transactions

North East energy costs

North East crime statistics

North East home features

North East population statistics

North East home energy certificates

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