North East newly built property prices

The price of a newly built property is £238k in North East region. The price increased by £15.0k (7%) over the last twelve months. The price of an established property is £167k. There were 1056 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 228 (21.6%) properties sold, followed by £200k-£250k price range with 191 (18.1%) properties sold. Most new homes were sold in Tyne and Wear, with 434 sold to date from August 2020 - July 2021.

August 2020 - July 2021

North East regionEngland and Wales

£238k

average price of a new property

£363k

average price of a new property

7%

average price percentage change

3%

average price percentage change

£15.0k

average price change

£11.0k

average price change

North East cost comparison of new homes and older homes

August 2020 - July 2021

North East cost comparison of new homes and older homes

£238k

A newly built property

£167k

An established property

North East sales share of new homes and older homes

August 2020 - July 2021

North East sales share of new homes and older homes

3.6%

A newly built property

1.1k

96.4%

An established property

28.1k

29.1k

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
Durham41339.1%
Northumberland20919.8%
Tyne and Wear43441.1%

North East new home sales share by price range

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

North East new home sales share by price range

Property price rangeMarket shareSales volume
under £50k2.4%25
£50k-£100k8.3%88
£100k-£150k10.8%114
£150k-£200k21.6%228
£200k-£250k18.1%191
£250k-£300k16.7%176
£300k-£400k13.9%147
£400k-£500k5.1%54
£500k-£750k3.1%33

North East cost comparison of new houses and new flats

August 2020 - July 2021

North East cost comparison of new houses and new flats

£299k

Detached

£117k

Flat

£175k

Semi-Detached

£153k

Terraced

North East sales share of new houses and new flats

August 2020 - July 2021

North East sales share of new houses and new flats

55.3%

Detached

584

6.2%

Flat

66

26.5%

Semi-Detached

280

11.9%

Terraced

126

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 meter

property transactions

energy costs

home features

salary and unemployment

crime statistics

population statistics

home energy certificates

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