Tyne and Wear newly built property prices

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.

October 2019 - September 2020

Tyne and Wear countyEngland and Wales

£231k

average price of a new property

£356k

average price of a new property

1%

average price percentage change

6%

average price percentage change

£1.2k

average price change

£19.4k

average price change

Tyne and Wear cost comparison of new homes and older homes

October 2019 - September 2020

Tyne and Wear cost comparison of new homes and older homes

£231k

A newly built property

£159k

An established property

Tyne and Wear sales share of new homes and older homes

October 2019 - September 2020

Tyne and Wear sales share of new homes and older homes

8.6%

A newly built property

1.0k

91.4%

An established property

10.9k

12.0k

total sales volume

Tyne and Wear map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Tyne and Wear map of sales of new properties

Tyne and Wear new home sales share by price range

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.

Tyne and Wear new home sales share by price range

Property price rangeMarket shareSales volume
under £50k1.9%19
£50k-£100k13.4%138
£100k-£150k9.0%92
£150k-£200k18.5%190
£200k-£250k17.3%178
£250k-£300k16.7%172
£300k-£400k17.7%182
£400k-£500k3.6%37
£500k-£750k1.8%18
£750k-£1M0.1%1

Tyne and Wear cost comparison of new houses and new flats

October 2019 - September 2020

Tyne and Wear cost comparison of new houses and new flats

£301k

Detached

£91.7k

Flat

£194k

Semi-Detached

£140k

Terraced

Tyne and Wear sales share of new houses and new flats

October 2019 - September 2020

Tyne and Wear sales share of new houses and new flats

53.7%

Detached

551

14.3%

Flat

147

21.5%

Semi-Detached

221

10.5%

Terraced

108

Tyne and Wear real new home prices

Yearly average nominal house prices adjusted for inflation

Tyne and Wear real new home prices

Tyne and Wear new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Tyne and Wear new home prices

Tyne and Wear new home prices and nearby counties

Yearly average nominal prices

Tyne and Wear new home prices and nearby counties

Tyne and Wear house prices new vs established

Yearly average nominal prices

Tyne and Wear house prices new vs established

Tyne and Wear annual sales of new homes and older homes

Total sales volumes by year

Tyne and Wear annual sales of new homes and older homes

Other reports for Tyne and Wear county

house prices

property transactions

home features

population statistics

energy costs

salary and unemployment

crime statistics

home energy certificates

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