Tyne and Wear cost comparison of new homes and older homes
April 2021 - March 2022
The price of a newly built property is £250k in Tyne and Wear county. The price increased by £17.6k (8%) over the last twelve months. The price of an established property is £177k. There were 390 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 90 (23.1%) properties sold, followed by £300k-£400k price range with 81 (20.8%) properties sold. Most new homes were sold in NE28 9, with 72 sold to date from April 2021 - March 2022.
| Tyne and Wear county | England and Wales |
|---|---|
£250kaverage price of a new property | £369kaverage price of a new property |
8%average price percentage change | 0%average price percentage change |
£17.6kaverage price change | £710average price change |
April 2021 - March 2022
April 2021 - March 2022
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 April 2021 - March 2022. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 5.1% | 20 |
| █ £100k-£150k | 5.6% | 22 |
| █ £150k-£200k | 20.8% | 81 |
| █ £200k-£250k | 23.1% | 90 |
| █ £250k-£300k | 19.0% | 74 |
| █ £300k-£400k | 20.8% | 81 |
| █ £400k-£500k | 4.6% | 18 |
| █ £500k-£750k | 1.0% | 4 |
April 2021 - March 2022
April 2021 - March 2022
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
