North East newly built property prices

The price of a newly built property is £222k in North East region. The price increased by £448 (0%) over the last twelve months. The price of an established property is £151k. There were 2485 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 477 (19.2%) properties sold, followed by £200k-£250k price range with 399 (16.1%) properties sold. Most new homes were sold in Tyne and Wear, with 1122 sold to date from December 2019 - November 2020.

December 2019 - November 2020

North East regionEngland and Wales

£222k

average price of a new property

£367k

average price of a new property

0%

average price percentage change

9%

average price percentage change

£448

average price change

£29.2k

average price change

North East cost comparison of new homes and older homes

December 2019 - November 2020

North East cost comparison of new homes and older homes

£222k

A newly built property

£151k

An established property

North East sales share of new homes and older homes

December 2019 - November 2020

North East sales share of new homes and older homes

10.2%

A newly built property

2.5k

89.8%

An established property

21.8k

24.3k

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
Durham85334.3%
Northumberland51020.5%
Tyne and Wear1.1k45.2%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between December 2019 - November 2020. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k1.7%42
£50k-£100k14.5%360
£100k-£150k13.4%332
£150k-£200k19.2%477
£200k-£250k16.1%399
£250k-£300k14.3%355
£300k-£400k15.0%372
£400k-£500k3.7%91
£500k-£750k2.3%56
£750k-£1M0.0%1

North East cost comparison of new houses and new flats

December 2019 - November 2020

North East cost comparison of new houses and new flats

£297k

Detached

£90.9k

Flat

£168k

Semi-Detached

£136k

Terraced

North East sales share of new houses and new flats

December 2019 - November 2020

North East sales share of new houses and new flats

52.3%

Detached

1.3k

13.3%

Flat

330

23.4%

Semi-Detached

582

11.0%

Terraced

274

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

property transactions

home energy certificates

home features

energy costs

crime statistics

population statistics

salary and unemployment

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