Tyne and Wear cost comparison of new homes and older homes
February 2020 - January 2021
The price of a newly built property is £208k in Tyne and Wear county. The price declined by £-21.2k (-9%) over the last twelve months. The price of an established property is £167k. There were 773 sales of newly build properties. Most new properties were sold in the £50k-£100k price range with 166 (21.5%) properties sold, followed by £150k-£200k price range with 126 (16.3%) properties sold. Most new homes were sold in SR1 1, with 100 sold to date from February 2020 - January 2021.
| Tyne and Wear county | England and Wales |
|---|---|
£208kaverage price of a new property | £364kaverage price of a new property |
-9%average price percentage change | 6%average price percentage change |
£-21.2kaverage price change | £22.1kaverage price change |
February 2020 - January 2021
February 2020 - January 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 February 2020 - January 2021. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 2.8% | 22 |
| █ £50k-£100k | 21.5% | 166 |
| █ £100k-£150k | 9.4% | 73 |
| █ £150k-£200k | 16.3% | 126 |
| █ £200k-£250k | 15.7% | 121 |
| █ £250k-£300k | 15.4% | 119 |
| █ £300k-£400k | 14.9% | 115 |
| █ £400k-£500k | 3.0% | 23 |
| █ £500k-£750k | 1.0% | 8 |
February 2020 - January 2021
February 2020 - January 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
