Tyne and Wear newly built property prices

The price of a newly built property is £305k in Tyne and Wear county. The price increased by £52.1k (21%) over the last twelve months. The price of an established property is £187k. There were 186 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 48 (25.8%) properties sold, followed by £200k-£250k price range with 39 (21.0%) properties sold. Most new homes were sold in NE13 9, with 68 sold to date from November 2022 - October 2023.

November 2022 - October 2023Tyne and Wear countyEngland & Wales
Average price of a new home£305k£424k

Average price change
21%
£52.1k
13%
£47.3k

Tyne and Wear cost comparison of new homes and older homes

November 2022 - October 2023

Tyne and Wear cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£305k
An established property£187k

Tyne and Wear sales share of new homes and older homes

November 2022 - October 2023

Tyne and Wear sales share of new homes and older homes

1.6%

A newly built property

186

98.4%

An established property

11.7k

11.9k

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 November 2022 - October 2023. See also Tyne and Wear property sales reports.

Tyne and Wear new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.5%1
£100k-£150k5.9%11
£150k-£200k10.8%20
£200k-£250k21.0%39
£250k-£300k19.4%36
£300k-£400k25.8%48
£400k-£500k8.1%15
£500k-£750k8.6%16

Tyne and Wear cost comparison of new houses and new flats

November 2022 - October 2023

Tyne and Wear cost comparison of new houses and new flats

£370k

Detached

£166k

Flat

£204k

Semi-Detached

£188k

Terraced

Tyne and Wear sales share of new houses and new flats

November 2022 - October 2023

Tyne and Wear sales share of new houses and new flats

62.9%

Detached

117

3.2%

Flat

6

22.6%

Semi-Detached

42

11.3%

Terraced

21

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

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for Tyne and Wear county

house prices

house prices per square metre

property transactions

salary and unemployment

home features

crime statistics

home energy efficiency

energy costs

population statistics

plumplot area insights tutorial
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