Tyne and Wear cost comparison of new homes and older homes
December 2020 - November 2021
The price of a newly built property is £265k in Tyne and Wear county. The price increased by £46.6k (21%) over the last twelve months. The price of an established property is £182k. There were 307 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 70 (22.8%) properties sold, followed by £300k-£400k price range with 67 (21.8%) properties sold. Most new homes were sold in NE13 9, with 74 sold to date from December 2020 - November 2021.
| Tyne and Wear county | England and Wales |
|---|---|
£265kaverage price of a new property | £366kaverage price of a new property |
21%average price percentage change | 2%average price percentage change |
£46.6kaverage price change | £6.7kaverage price change |
December 2020 - November 2021
December 2020 - November 2021
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 December 2020 - November 2021. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 8.5% | 26 |
| █ £100k-£150k | 5.2% | 16 |
| █ £150k-£200k | 13.0% | 40 |
| █ £200k-£250k | 22.8% | 70 |
| █ £250k-£300k | 18.2% | 56 |
| █ £300k-£400k | 21.8% | 67 |
| █ £400k-£500k | 7.8% | 24 |
| █ £500k-£750k | 2.3% | 7 |
| █ £750k-£1M | 0.3% | 1 |
December 2020 - November 2021
December 2020 - November 2021
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
