Tyne and Wear newly built property prices

The price of a newly built property is £233k in Tyne and Wear county. The price increased by £12.3k (6%) over the last twelve months. The price of an established property is £176k. There were 641 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 162 (25.3%) properties sold, followed by £250k-£300k price range with 118 (18.4%) properties sold. Most new homes were sold in NE28 9, with 70 sold to date from June 2020 - May 2021.

June 2020 - May 2021

Tyne and Wear countyEngland and Wales

£233k

average price of a new property

£358k

average price of a new property

6%

average price percentage change

2%

average price percentage change

£12.3k

average price change

£6.7k

average price change

Tyne and Wear cost comparison of new homes and older homes

June 2020 - May 2021

Tyne and Wear cost comparison of new homes and older homes

£233k

A newly built property

£176k

An established property

Tyne and Wear sales share of new homes and older homes

June 2020 - May 2021

Tyne and Wear sales share of new homes and older homes

4.8%

A newly built property

641

95.2%

An established property

12.6k

13.2k

total sales volume

Tyne and Wear map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Tyne and Wear map of sales of new properties

Tyne and Wear new home sales share by price range

shows a sales volume of new homes in a given price range between June 2020 - May 2021. See also Tyne and Wear property sales reports.

Tyne and Wear new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.2%1
£50k-£100k12.8%82
£100k-£150k7.2%46
£150k-£200k17.5%112
£200k-£250k25.3%162
£250k-£300k18.4%118
£300k-£400k13.6%87
£400k-£500k3.4%22
£500k-£750k1.7%11

Tyne and Wear cost comparison of new houses and new flats

June 2020 - May 2021

Tyne and Wear cost comparison of new houses and new flats

£297k

Detached

£112k

Flat

£186k

Semi-Detached

£157k

Terraced

Tyne and Wear sales share of new houses and new flats

June 2020 - May 2021

Tyne and Wear sales share of new houses and new flats

52.6%

Detached

337

12.2%

Flat

78

25.0%

Semi-Detached

160

10.3%

Terraced

66

Tyne and Wear real new home prices

Yearly average nominal house prices adjusted for inflation

Tyne and Wear real new home prices

Tyne and Wear new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Tyne and Wear new home prices

Tyne and Wear new home prices and nearby counties

Yearly average nominal prices

Tyne and Wear new home prices and nearby counties

Tyne and Wear house prices new vs established

Yearly average nominal prices

Tyne and Wear house prices new vs established

Tyne and Wear annual sales of new homes and older homes

Total sales volumes by year

Tyne and Wear annual sales of new homes and older homes

Other reports for Tyne and Wear county

house prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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