Tyne and Wear cost comparison of new homes and older homes
June 2020 - May 2021
The price of a newly built property is £233k in Tyne and Wear county. The price increased by £12.3k (6%) over the last twelve months. The price of an established property is £176k. There were 641 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 162 (25.3%) properties sold, followed by £250k-£300k price range with 118 (18.4%) properties sold. Most new homes were sold in NE28 9, with 70 sold to date from June 2020 - May 2021.
| Tyne and Wear county | England and Wales |
|---|---|
£233kaverage price of a new property | £358kaverage price of a new property |
6%average price percentage change | 2%average price percentage change |
£12.3kaverage price change | £6.7kaverage price change |
June 2020 - May 2021
June 2020 - May 2021
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2020 - May 2021. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.2% | 1 |
| █ £50k-£100k | 12.8% | 82 |
| █ £100k-£150k | 7.2% | 46 |
| █ £150k-£200k | 17.5% | 112 |
| █ £200k-£250k | 25.3% | 162 |
| █ £250k-£300k | 18.4% | 118 |
| █ £300k-£400k | 13.6% | 87 |
| █ £400k-£500k | 3.4% | 22 |
| █ £500k-£750k | 1.7% | 11 |
June 2020 - May 2021
June 2020 - May 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
