Tyne and Wear cost comparison of new homes and older homes
July 2021 - June 2022
The price of a newly built property is £257k in Tyne and Wear county. The price increased by £16.8k (7%) over the last twelve months. The price of an established property is £171k. There were 260 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 62 (23.8%) properties sold, followed by £300k-£400k price range with 53 (20.4%) properties sold. Most new homes were sold in NE13 9, with 48 sold to date from July 2021 - June 2022.
| Tyne and Wear county | England and Wales |
|---|---|
£257kaverage price of a new property | £389kaverage price of a new property |
7%average price percentage change | 6%average price percentage change |
£16.8kaverage price change | £20.5kaverage price change |
July 2021 - June 2022
July 2021 - June 2022
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 July 2021 - June 2022. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.8% | 2 |
| █ £50k-£100k | 4.2% | 11 |
| █ £100k-£150k | 5.0% | 13 |
| █ £150k-£200k | 19.2% | 50 |
| █ £200k-£250k | 23.8% | 62 |
| █ £250k-£300k | 18.8% | 49 |
| █ £300k-£400k | 20.4% | 53 |
| █ £400k-£500k | 5.8% | 15 |
| █ £500k-£750k | 1.9% | 5 |
July 2021 - June 2022
July 2021 - June 2022
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
