The price of a newly built property is £255k in Tyne and Wear county. The price declined by £-18.0k (-7%) over the last twelve months. The price of an established property is £194k. There were 525 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 122 (23.2%) properties sold, followed by £300k-£400k price range with 115 (21.9%) properties sold. Most new homes were sold in NE13 9, with 48 sold to date from April 2024 - March 2025.
April 2024 - March 2025 | Tyne and Wear county | England & Wales |
---|---|---|
Average price of a new home | £255k | £381k |
Average price change | -7% £-18.0k | -3% £-12.7k |
April 2024 - March 2025
New or established | Average price |
---|---|
█ A newly built property | £255k |
█ An established property | £194k |
April 2024 - March 2025
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 2024 - March 2025. See also Tyne and Wear property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 5.0% | 26 |
█ £100k-£150k | 8.6% | 45 |
█ £150k-£200k | 14.9% | 78 |
█ £200k-£250k | 23.2% | 122 |
█ £250k-£300k | 19.2% | 101 |
█ £300k-£400k | 21.9% | 115 |
█ £400k-£500k | 5.5% | 29 |
█ £500k-£750k | 1.3% | 7 |
█ £750k-£1M | 0.4% | 2 |
April 2024 - March 2025
April 2024 - March 2025
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