The price of a newly built property is £265k in Newcastle upon Tyne postcode area. The price declined by £-5.0k (-2%) over the last twelve months. The price of an established property is £215k. There were 703 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 173 (24.6%) properties sold, followed by £200k-£250k price range with 147 (20.9%) properties sold. Most new homes were sold in NE23 8, with 68 sold to date from May 2024 - April 2025.
May 2024 - April 2025 | Newcastle upon Tyne postcode area | England & Wales |
---|---|---|
Average price of a new home | £265k | £381k |
Average price change | -2% £-5.0k | -3% £-11.5k |
May 2024 - April 2025
New or established | Average price |
---|---|
█ A newly built property | £265k |
█ An established property | £215k |
May 2024 - April 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 May 2024 - April 2025. See also Newcastle upon Tyne property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 1.4% | 10 |
█ £50k-£100k | 6.7% | 47 |
█ £100k-£150k | 7.0% | 49 |
█ £150k-£200k | 12.2% | 86 |
█ £200k-£250k | 20.9% | 147 |
█ £250k-£300k | 17.1% | 120 |
█ £300k-£400k | 24.6% | 173 |
█ £400k-£500k | 7.0% | 49 |
█ £500k-£750k | 2.7% | 19 |
█ £750k-£1M | 0.4% | 3 |
May 2024 - April 2025
May 2024 - April 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