North East newly built property prices
The price of a newly built property is £225k in North East region. The price increased by £11.4k (5%) over the last twelve months. The price of an established property is £149k. There were 4933 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 1205 (24.4%) properties sold, followed by £100k-£150k price range with 952 (19.3%) properties sold. Most new homes were sold in Durham, with 2050 sold to date from March 2019 - February 2020.North East
region
March 2019 - February 2020
£225k
average price of a new property5%
average price percentage change£11.4k
average price changeEngland + Wales
March 2019 - February 2020
£339k
avg. price of a new property-1%
average price percentage change£-1.9k
average price changeNorth East cost comparison of new homes and older homes
March 2019 - February 2020
£225k
A newly built property£149k
An established propertyNorth East sales share of new homes and older homes
March 2019 - February 2020
█ 13.7%
A newly built property4.9k
█ 86.3%
An established property31.0k
35.9k
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 March 2019 - February 2020. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|
| under £50k | 0.8% | 37 |
| £50k-£100k | 5.5% | 273 |
| £100k-£150k | 19.3% | 952 |
| £150k-£200k | 24.4% | 1.2k |
| £200k-£250k | 16.2% | 799 |
| £250k-£300k | 14.8% | 729 |
| £300k-£400k | 13.3% | 655 |
| £400k-£500k | 3.9% | 190 |
| £500k-£750k | 1.8% | 88 |
| £750k-£1M | 0.1% | 5 |
North East cost comparison of new houses and new flats
March 2019 - February 2020
£290k
Detached£165k
Flat£162k
Semi-Detached£139k
TerracedNorth East sales share of new houses and new flats
March 2019 - February 2020
█ 52.1%
Detached2.6k
█ 3.8%
Flat189
█ 28.4%
Semi-Detached1.4k
█ 15.7%
Terraced774
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
compared to England & Wales' prices
Yearly average nominal prices per square meter of new homes.
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
Other reports for North East region