Tyne and Wear cost comparison of new homes and older homes
October 2019 - September 2020
The price of a newly built property is £231k in Tyne and Wear county. The price increased by £1.2k (1%) over the last twelve months. The price of an established property is £159k. There were 1027 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 190 (18.5%) properties sold, followed by £300k-£400k price range with 182 (17.7%) properties sold. Most new homes were sold in NE27 0, with 100 sold to date from October 2019 - September 2020.
| Tyne and Wear county | England and Wales |
|---|---|
£231kaverage price of a new property | £356kaverage price of a new property |
1%average price percentage change | 6%average price percentage change |
£1.2kaverage price change | £19.4kaverage price change |
October 2019 - September 2020
October 2019 - September 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 October 2019 - September 2020. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 1.9% | 19 |
| █ £50k-£100k | 13.4% | 138 |
| █ £100k-£150k | 9.0% | 92 |
| █ £150k-£200k | 18.5% | 190 |
| █ £200k-£250k | 17.3% | 178 |
| █ £250k-£300k | 16.7% | 172 |
| █ £300k-£400k | 17.7% | 182 |
| █ £400k-£500k | 3.6% | 37 |
| █ £500k-£750k | 1.8% | 18 |
| █ £750k-£1M | 0.1% | 1 |
October 2019 - September 2020
October 2019 - September 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
