Tyne and Wear cost comparison of new homes and older homes
August 2019 - July 2020
The price of a newly built property is £233k in Tyne and Wear county. The price increased by £4.8k (2%) over the last twelve months. The price of an established property is £161k. There were 1053 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 204 (19.4%) properties sold, followed by £200k-£250k price range with 203 (19.3%) properties sold. Most new homes were sold in NE27 0, with 113 sold to date from August 2019 - July 2020.
| Tyne and Wear county | England and Wales |
|---|---|
£233kaverage price of a new property | £347kaverage price of a new property |
2%average price percentage change | 3%average price percentage change |
£4.8kaverage price change | £10.3kaverage price change |
August 2019 - July 2020
August 2019 - July 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between August 2019 - July 2020. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| under £50k | 1.9% | 20 |
| £50k-£100k | 9.6% | 101 |
| £100k-£150k | 10.4% | 109 |
| £150k-£200k | 19.4% | 204 |
| £200k-£250k | 19.3% | 203 |
| £250k-£300k | 18.4% | 194 |
| £300k-£400k | 16.0% | 168 |
| £400k-£500k | 3.3% | 35 |
| £500k-£750k | 1.5% | 16 |
| £750k-£1M | 0.3% | 3 |
August 2019 - July 2020
August 2019 - July 2020
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
