North East cost comparison of new homes and older homes
March 2020 - February 2021
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.
| North East region | England and Wales |
|---|---|
£227kaverage price of a new property | £362kaverage price of a new property |
2%average price percentage change | 5%average price percentage change |
£4.1kaverage price change | £17.7kaverage price change |
March 2020 - February 2021
March 2020 - February 2021
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Durham | 590 | 37% | |
| Northumberland | 311 | 19.5% | |
| Tyne and Wear | 694 | 43.5% | |
shows a sales volume of new homes in a given price range between March 2020 - February 2021. See also North East property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.8% | 12 |
| █ £50k-£100k | 11.7% | 187 |
| █ £100k-£150k | 11.7% | 186 |
| █ £150k-£200k | 23.0% | 367 |
| █ £200k-£250k | 17.1% | 273 |
| █ £250k-£300k | 15.6% | 249 |
| █ £300k-£400k | 14.4% | 229 |
| █ £400k-£500k | 3.7% | 59 |
| █ £500k-£750k | 2.1% | 33 |
March 2020 - February 2021
March 2020 - February 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
