The price of a newly built property is £265k in North East region. The price increased by £7.1k (3%) over the last twelve months. The price of an established property is £184k. There were 1369 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 314 (22.9%) properties sold, followed by £300k-£400k price range with 310 (22.6%) properties sold. Most new homes were sold in Tyne and Wear, with 548 sold to date from May 2024 - April 2025.
| May 2024 - April 2025 | North East region | England & Wales |
|---|---|---|
| Average price of a new home | £265k | £381k |
Average price change | 3% £7.1k | -3% £-11.5k |
May 2024 - April 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £265k |
| █ An established property | £184k |
May 2024 - April 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 525 | 38.3% | |
| Northumberland | 296 | 21.6% | |
| Tyne and Wear | 548 | 40% | |
shows a sales volume of new homes in a given price range between May 2024 - April 2025. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 1.0% | 14 |
| █ £50k-£100k | 4.0% | 55 |
| █ £100k-£150k | 6.0% | 82 |
| █ £150k-£200k | 15.9% | 217 |
| █ £200k-£250k | 22.9% | 314 |
| █ £250k-£300k | 18.0% | 246 |
| █ £300k-£400k | 22.6% | 310 |
| █ £400k-£500k | 6.8% | 93 |
| █ £500k-£750k | 2.5% | 34 |
| █ £750k-£1M | 0.2% | 3 |
| █ over £1M | 0.1% | 1 |
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
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