Tyne and Wear cost comparison of new homes and older homes
March 2020 - February 2021
The price of a newly built property is £218k in Tyne and Wear county. The price declined by £-7.3k (-3%) over the last twelve months. The price of an established property is £169k. There were 694 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 131 (18.9%) properties sold, followed by £50k-£100k price range with 126 (18.2%) properties sold. Most new homes were sold in NE1 2, with 63 sold to date from March 2020 - February 2021.
| Tyne and Wear county | England and Wales |
|---|---|
£218kaverage price of a new property | £362kaverage price of a new property |
-3%average price percentage change | 5%average price percentage change |
£-7.3kaverage price change | £17.7kaverage price change |
March 2020 - February 2021
March 2020 - February 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 March 2020 - February 2021. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.7% | 5 |
| █ £50k-£100k | 18.2% | 126 |
| █ £100k-£150k | 8.9% | 62 |
| █ £150k-£200k | 17.7% | 123 |
| █ £200k-£250k | 18.9% | 131 |
| █ £250k-£300k | 17.7% | 123 |
| █ £300k-£400k | 13.8% | 96 |
| █ £400k-£500k | 3.0% | 21 |
| █ £500k-£750k | 1.0% | 7 |
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
