The price of a newly built property is £262k in Tyne and Wear county. The price declined by £-11.5k (-4%) over the last twelve months. The price of an established property is £198k. There were 548 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 135 (24.6%) properties sold, followed by £200k-£250k price range with 123 (22.4%) properties sold. Most new homes were sold in NE13 9, with 57 sold to date from May 2024 - April 2025.
| May 2024 - April 2025 | Tyne and Wear county | England & Wales |
|---|---|---|
| Average price of a new home | £262k | £381k |
Average price change | -4% £-11.5k | -3% £-11.5k |
May 2024 - April 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £262k |
| █ An established property | £198k |
May 2024 - April 2025
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 May 2024 - April 2025. See also Tyne and Wear property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 3.5% | 19 |
| █ £100k-£150k | 8.4% | 46 |
| █ £150k-£200k | 15.5% | 85 |
| █ £200k-£250k | 22.4% | 123 |
| █ £250k-£300k | 17.7% | 97 |
| █ £300k-£400k | 24.6% | 135 |
| █ £400k-£500k | 6.2% | 34 |
| █ £500k-£750k | 1.3% | 7 |
| █ £750k-£1M | 0.4% | 2 |
May 2024 - April 2025
May 2024 - April 2025
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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