The price of a newly built property is £270k in Tyne and Wear county. The price increased by £246 (0%) over the last twelve months. The price of an established property is £192k. There were 421 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 99 (23.5%) properties sold, followed by £200k-£250k price range with 89 (21.1%) properties sold. Most new homes were sold in NE6 5, with 31 sold to date from February 2024 - January 2025.
| February 2024 - January 2025 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £270k | £377k |
Average price change | 0% £246 | -5% £-18.9k |
February 2024 - January 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £270k |
| █ An established property | £192k |
February 2024 - January 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 February 2024 - January 2025. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 5.0% | 21 |
| █ £100k-£150k | 6.2% | 26 |
| █ £150k-£200k | 15.7% | 66 |
| █ £200k-£250k | 21.1% | 89 |
| █ £250k-£300k | 19.7% | 83 |
| █ £300k-£400k | 23.5% | 99 |
| █ £400k-£500k | 5.7% | 24 |
| █ £500k-£750k | 1.7% | 7 |
| █ £750k-£1M | 1.2% | 5 |
| █ over £1M | 0.2% | 1 |
February 2024 - January 2025
February 2024 - January 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
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