The price of a newly built property is £305k in Tyne and Wear county. The price increased by £52.1k (21%) over the last twelve months. The price of an established property is £187k. There were 186 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 48 (25.8%) properties sold, followed by £200k-£250k price range with 39 (21.0%) properties sold. Most new homes were sold in NE13 9, with 68 sold to date from November 2022 - October 2023.
| November 2022 - October 2023 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £305k | £424k |
Average price change | 21% £52.1k | 13% £47.3k |
November 2022 - October 2023
| New or established | Average price |
|---|---|
| █ A newly built property | £305k |
| █ An established property | £187k |
November 2022 - October 2023
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 November 2022 - October 2023. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.5% | 1 |
| █ £100k-£150k | 5.9% | 11 |
| █ £150k-£200k | 10.8% | 20 |
| █ £200k-£250k | 21.0% | 39 |
| █ £250k-£300k | 19.4% | 36 |
| █ £300k-£400k | 25.8% | 48 |
| █ £400k-£500k | 8.1% | 15 |
| █ £500k-£750k | 8.6% | 16 |
November 2022 - October 2023
November 2022 - October 2023
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
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