VInsights

Visual Insights into the UK Property Market

NAVIGATION - SEARCH

Tyne And Wear Property Market 2015

 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 - 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

Tyne And Wear - 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

Tyne And Wear - 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

Tyne And Wear - 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

Tyne And Wear - Average 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

Tyne And wear - Median Sales Price By Districts

 

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

Tyne And Wear - 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%).

 

All Tyne And Wear Posts