North East newly built property prices

The price of a newly built property is £260k in North East region. The price increased by £23.0k (10%) over the last twelve months. The price of an established property is £168k. There were 623 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 140 (22.5%) properties sold, followed by £150k-£200k price range with 122 (19.6%) properties sold. Most new homes were sold in Tyne and Wear, with 326 sold to date from June 2021 - May 2022.

June 2021 - May 2022

North East regionEngland and Wales

£260k

average price of a new property

£397k

average price of a new property

10%

average price percentage change

9%

average price percentage change

£23.0k

average price change

£33.6k

average price change

North East cost comparison of new homes and older homes

June 2021 - May 2022

North East cost comparison of new homes and older homes

£260k

A newly built property

£168k

An established property

North East sales share of new homes and older homes

June 2021 - May 2022

North East sales share of new homes and older homes

2.0%

A newly built property

623

98.0%

An established property

30.3k

30.9k

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
Durham19030.5%
Northumberland10717.2%
Tyne and Wear32652.3%

North East new home sales share by price range

shows a sales volume of new homes in a given price range between June 2021 - May 2022. See also North East property sales reports.

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k1.1%7
£50k-£100k2.2%14
£100k-£150k7.9%49
£150k-£200k19.6%122
£200k-£250k22.5%140
£250k-£300k17.5%109
£300k-£400k18.8%117
£400k-£500k8.3%52
£500k-£750k2.1%13

North East cost comparison of new houses and new flats

June 2021 - May 2022

North East cost comparison of new houses and new flats

£310k

Detached

£187k

Flat

£190k

Semi-Detached

£156k

Terraced

North East sales share of new houses and new flats

June 2021 - May 2022

North East sales share of new houses and new flats

62.0%

Detached

386

2.1%

Flat

13

23.4%

Semi-Detached

146

12.5%

Terraced

78

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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

house prices per square metre

property transactions

home energy certificates

population statistics

salary and unemployment

energy costs

crime statistics

home features

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