Story Highlights

• Tyne And Wear had total property sales of £3.07 billions in 2015.
• The total number of properties sold in 2015 in Tyne And Wear was 16,489
• The total volume of sales at district level was maximum for Newcastle Upon Tyne at £1.04 billions 
• The average sales price in Tyne And Wear was £186 K, whereas median was £134 K
• The average sales price at district level was maximum for Newcastle Upon Tyne at £245 K
• New Property sales contributed 13.56% and Not New Property contributed 86.44%

Tyne And Wear is a county in North East England. The districts of Tyne And Wear are Newcastle Upon Tyne, North Tyneside, Sunderland, Gateshead, South Tyneside.

 Total Sales By Districts

Tyne And Wear had total property sales of £3.07 billions which was 45.28% of the North East Property Market 2015. 

The split across its districts is as follow:

• Newcastle Upon Tyne at £1.04 billions (33.77%)
• North Tyneside at £722 millions (23.5%)
• Sunderland at £547 millions (17.8%)
• Gateshead at £472 millions (15.35%)
• South Tyneside at £294 millions (9.57%)

Total Sales By Property Type

The split of £3.07 billions across the different property types in Tyne And Wear are :

• Semi-Detached at £812 millions (26.42%)
• Terraced at £724 millions (23.55%)
• Detached at £614 millions (19.97%)   
• Other at £587 millions (19.12%)
• Flat/Maisonette at £336 millions (10.94%) 

Total No Of Properties Sold By Property Type

The total property sales of £3.07 billions in 2015 was spread over 16,489 properties.

• Terraced properties at 5384 (32.65%)
• Semi-Detached at 5271 (31.97%)
• Flat/Maisonette at 3161 (19.17%)
• Detached at 2359 (14.31%)
• Others at 314 (1.9%)

Average & Median Sales Price

The average sales price in Tyne And Wear was £186 K. For the different property types it was:

• Detached at £260 K
• Semi-Detached at £154 K
• Terraced at £134 K
• Flat/Maisonette at £106 K
• Other at £1.87 millions

Similarly median sales price in Tyne And Wear was £134 K. For different property types it was:

• Detached at £233 K
• Semi-Detached at £140 K
• Terraced at £116 K
• Flat/Maisonette at £93 K
• Other at £304 K

Average & Median Sales Price By Districts

The average sales prices at district level in Tyne And Wear for 2015 is as follows: 

• Newcastle Upon Tyne at £245 K
• North Tyneside at £190 K
• Gateshead at £165 K
• Sunderland at £152 K
• South Tyneside at £147 K

The median sales prices at district level in Tyne And Wear for 2015 is as follows: 

• North Tyneside at £150 K
• Newcastle Upon Tyne at £150 K
• Gateshead at £125 K
• South Tyneside at £125 K
• Sunderland at £115 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Properties contributed £417 millions (13.56%) 
• Not New Property contributed £2.66 billions (86.44%)

By Total Number the split is as follows:

• New properties sold were 2039 (12.37%)
• Not new property sold were 14,450 (87.63%).

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