Tyne and Wear cost comparison of new homes and older homes
September 2020 - August 2021
The price of a newly built property is £224k in Tyne and Wear county. The price increased by £5.4k (2%) over the last twelve months. The price of an established property is £180k. There were 373 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 96 (25.7%) properties sold, followed by £150k-£200k price range with 69 (18.5%) properties sold. Most new homes were sold in NE28 9, with 58 sold to date from September 2020 - August 2021.
| Tyne and Wear county | England and Wales |
|---|---|
£224kaverage price of a new property | £361kaverage price of a new property |
2%average price percentage change | 2%average price percentage change |
£5.4kaverage price change | £6.9kaverage price change |
September 2020 - August 2021
September 2020 - August 2021
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 2020 - August 2021. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.3% | 1 |
| █ £50k-£100k | 15.3% | 57 |
| █ £100k-£150k | 7.8% | 29 |
| █ £150k-£200k | 18.5% | 69 |
| █ £200k-£250k | 25.7% | 96 |
| █ £250k-£300k | 17.2% | 64 |
| █ £300k-£400k | 9.9% | 37 |
| █ £400k-£500k | 3.8% | 14 |
| █ £500k-£750k | 1.6% | 6 |
September 2020 - August 2021
September 2020 - August 2021
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
