The price of a newly built property is £265k in Tyne and Wear county. The price increased by £272 (0%) over the last twelve months. The price of an established property is £187k. There were 249 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 70 (28.1%) properties sold, followed by £200k-£250k price range with 67 (26.9%) properties sold. Most new homes were sold in NE25 0, with 35 sold to date from September 2023 - August 2024.
| September 2023 - August 2024 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £265k | £371k |
Average price change | 0% £272 | -6% £-24.1k |
September 2023 - August 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £265k |
| █ An established property | £187k |
September 2023 - August 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 September 2023 - August 2024. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 11.2% | 28 |
| █ £100k-£150k | 3.2% | 8 |
| █ £150k-£200k | 6.4% | 16 |
| █ £200k-£250k | 26.9% | 67 |
| █ £250k-£300k | 14.5% | 36 |
| █ £300k-£400k | 28.1% | 70 |
| █ £400k-£500k | 7.2% | 18 |
| █ £500k-£750k | 2.4% | 6 |
September 2023 - August 2024
September 2023 - August 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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