Tyne and Wear cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £242k in Tyne and Wear county. The price increased by £14.1k (6%) over the last twelve months. The price of an established property is £162k. There were 1362 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 286 (21.0%) properties sold, followed by £250k-£300k price range with 273 (20.0%) properties sold. Most new homes were sold in NE27 0, with 170 sold to date from June 2019 - May 2020.
| Tyne and Wear county | England and Wales |
|---|---|
£242kaverage price of a new property | £342kaverage price of a new property |
6%average price percentage change | 1%average price percentage change |
£14.1kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 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 June 2019 - May 2020. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| under £50k | 0.4% | 5 |
| £50k-£100k | 5.2% | 71 |
| £100k-£150k | 12.0% | 163 |
| £150k-£200k | 20.0% | 273 |
| £200k-£250k | 21.0% | 286 |
| £250k-£300k | 20.0% | 273 |
| £300k-£400k | 16.2% | 220 |
| £400k-£500k | 3.5% | 48 |
| £500k-£750k | 1.3% | 18 |
| £750k-£1M | 0.4% | 5 |
June 2019 - May 2020
June 2019 - May 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
