The price of a newly built property is £264k in Tyne and Wear county. The price declined by £-8.5k (-3%) over the last twelve months. The price of an established property is £198k. There were 601 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 163 (27.1%) properties sold, followed by £200k-£250k price range with 141 (23.5%) properties sold. Most new homes were sold in NE13 9, with 69 sold to date from June 2024 - May 2025.
June 2024 - May 2025 | Tyne and Wear county | England & Wales |
---|---|---|
Average price of a new home | £264k | £384k |
Average price change | -3% £-8.5k | -2% £-6.6k |
June 2024 - May 2025
New or established | Average price |
---|---|
█ A newly built property | £264k |
█ An established property | £198k |
June 2024 - May 2025
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 June 2024 - May 2025. See also Tyne and Wear property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 2.5% | 15 |
█ £100k-£150k | 6.7% | 40 |
█ £150k-£200k | 15.8% | 95 |
█ £200k-£250k | 23.5% | 141 |
█ £250k-£300k | 18.3% | 110 |
█ £300k-£400k | 27.1% | 163 |
█ £400k-£500k | 4.8% | 29 |
█ £500k-£750k | 1.0% | 6 |
█ £750k-£1M | 0.3% | 2 |
June 2024 - May 2025
June 2024 - May 2025
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