The price of a newly built property is £306k in Tyne and Wear county. The price increased by £46.9k (18%) over the last twelve months. The price of an established property is £188k. There were 278 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 73 (26.3%) properties sold, followed by £200k-£250k price range with 66 (23.7%) properties sold. Most new homes were sold in NE13 9, with 58 sold to date from June 2023 - May 2024.
| June 2023 - May 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £306k | £384k |
Average price change | 18% £46.9k | 0% £-1.9k |
June 2023 - May 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £306k |
| █ An established property | £188k |
June 2023 - May 2024
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 2023 - May 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 5.4% | 15 |
| █ £100k-£150k | 2.9% | 8 |
| █ £150k-£200k | 6.1% | 17 |
| █ £200k-£250k | 23.7% | 66 |
| █ £250k-£300k | 15.8% | 44 |
| █ £300k-£400k | 26.3% | 73 |
| █ £400k-£500k | 11.9% | 33 |
| █ £500k-£750k | 7.9% | 22 |
June 2023 - May 2024
June 2023 - May 2024
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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