North East newly built property prices

The price of a newly built property is £227k in North East region. The price increased by £4.1k (2%) over the last twelve months. The price of an established property is £158k. There were 1595 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 367 (23.0%) properties sold, followed by £200k-£250k price range with 273 (17.1%) properties sold. Most new homes were sold in Tyne and Wear, with 694 sold to date from March 2020 - February 2021.

March 2020 - February 2021

North East regionEngland and Wales

£227k

average price of a new property

£362k

average price of a new property

2%

average price percentage change

5%

average price percentage change

£4.1k

average price change

£17.7k

average price change

North East cost comparison of new homes and older homes

March 2020 - February 2021

North East cost comparison of new homes and older homes

£227k

A newly built property

£158k

An established property

North East sales share of new homes and older homes

March 2020 - February 2021

North East sales share of new homes and older homes

6.3%

A newly built property

1.6k

93.7%

An established property

23.8k

25.4k

total sales volume

North East map of sales of new properties

shows the total volume of new homes sold a given county.

North East map of sales of new properties

CountySales volumeMarket share
Durham59037%
Northumberland31119.5%
Tyne and Wear69443.5%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between March 2020 - February 2021. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.8%12
£50k-£100k11.7%187
£100k-£150k11.7%186
£150k-£200k23.0%367
£200k-£250k17.1%273
£250k-£300k15.6%249
£300k-£400k14.4%229
£400k-£500k3.7%59
£500k-£750k2.1%33

North East cost comparison of new houses and new flats

March 2020 - February 2021

North East cost comparison of new houses and new flats

£292k

Detached

£99.5k

Flat

£171k

Semi-Detached

£152k

Terraced

North East sales share of new houses and new flats

March 2020 - February 2021

North East sales share of new houses and new flats

53.9%

Detached

860

10.3%

Flat

164

24.5%

Semi-Detached

391

11.3%

Terraced

180

North East real new home prices

Yearly average nominal house prices adjusted for inflation

North East real new home prices

North East new home prices compared to England & Wales' new home prices

Yearly average nominal prices

North East new home prices

North East new home prices and nearby regions

Yearly average nominal prices

North East new home prices and nearby regions

North East house prices new vs established

Yearly average nominal prices

North East house prices new vs established

North East annual sales of new homes and older homes

Total sales volumes by year

North East annual sales of new homes and older homes

Other reports for North East region

house prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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