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 property

5%

average price percentage change

£11.4k

average price change

England + Wales

March 2019 - February 2020

£339k

avg. price of a new property

-1%

average price percentage change

£-1.9k

average price change

North East cost comparison of new homes and older homes

March 2019 - February 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

March 2019 - February 2020

North East sales share of new homes and older homes

13.7%

A newly built property

4.9k

86.3%

An established property

31.0k

35.9k

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
Durham2.0k41.6%
Northumberland1.1k21.8%
Tyne and Wear1.8k36.6%

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.

North East new home sales share by price range
Property price rangeMarket shareSales volume
under £50k0.8%37
£50k-£100k5.5%273
£100k-£150k19.3%952
£150k-£200k24.4%1.2k
£200k-£250k16.2%799
£250k-£300k14.8%729
£300k-£400k13.3%655
£400k-£500k3.9%190
£500k-£750k1.8%88
£750k-£1M0.1%5

North East cost comparison of new houses and new flats

March 2019 - February 2020

North East cost comparison of new houses and new flats

£290k

Detached

£165k

Flat

£162k

Semi-Detached

£139k

Terraced

North East sales share of new houses and new flats

March 2019 - February 2020

North East sales share of new houses and new flats

52.1%

Detached

2.6k

3.8%

Flat

189

28.4%

Semi-Detached

1.4k

15.7%

Terraced

774

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

compared to England & Wales' prices

Yearly average nominal prices per square meter of new homes.

Average price per square meter

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

home energy certificates

crime statistics

energy costs

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