Tyne and Wear newly built property prices

The price of a newly built property is £208k in Tyne and Wear county. The price declined by £-21.2k (-9%) over the last twelve months. The price of an established property is £167k. There were 773 sales of newly build properties. Most new properties were sold in the £50k-£100k price range with 166 (21.5%) properties sold, followed by £150k-£200k price range with 126 (16.3%) properties sold. Most new homes were sold in SR1 1, with 100 sold to date from February 2020 - January 2021.

February 2020 - January 2021

Tyne and Wear countyEngland and Wales

£208k

average price of a new property

£364k

average price of a new property

-9%

average price percentage change

6%

average price percentage change

£-21.2k

average price change

£22.1k

average price change

Tyne and Wear cost comparison of new homes and older homes

February 2020 - January 2021

Tyne and Wear cost comparison of new homes and older homes

£208k

A newly built property

£167k

An established property

Tyne and Wear sales share of new homes and older homes

February 2020 - January 2021

Tyne and Wear sales share of new homes and older homes

6.6%

A newly built property

773

93.4%

An established property

11.0k

11.8k

total sales volume

Tyne and Wear map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Tyne and Wear map of sales of new properties

Tyne and Wear new home sales share by price range

shows a sales volume of new homes in a given price range between February 2020 - January 2021. See also Tyne and Wear property sales reports.

Tyne and Wear new home sales share by price range

Property price rangeMarket shareSales volume
under £50k2.8%22
£50k-£100k21.5%166
£100k-£150k9.4%73
£150k-£200k16.3%126
£200k-£250k15.7%121
£250k-£300k15.4%119
£300k-£400k14.9%115
£400k-£500k3.0%23
£500k-£750k1.0%8

Tyne and Wear cost comparison of new houses and new flats

February 2020 - January 2021

Tyne and Wear cost comparison of new houses and new flats

£301k

Detached

£80.7k

Flat

£183k

Semi-Detached

£173k

Terraced

Tyne and Wear sales share of new houses and new flats

February 2020 - January 2021

Tyne and Wear sales share of new houses and new flats

45.0%

Detached

348

26.9%

Flat

208

20.1%

Semi-Detached

155

8.0%

Terraced

62

Tyne and Wear real new home prices

Yearly average nominal house prices adjusted for inflation

Tyne and Wear real new home prices

Tyne and Wear new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Tyne and Wear new home prices

Tyne and Wear new home prices and nearby counties

Yearly average nominal prices

Tyne and Wear new home prices and nearby counties

Tyne and Wear house prices new vs established

Yearly average nominal prices

Tyne and Wear house prices new vs established

Tyne and Wear annual sales of new homes and older homes

Total sales volumes by year

Tyne and Wear annual sales of new homes and older homes

Other reports for Tyne and Wear county

house prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

energy costs

home features

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