For 2016 details - North East Property Market 2016 

Story Highlights

• North East England had total property sales of £7 billions.
• The total number of properties sold in 2015 was 40,669.
• The total sale at county level was maximum for Tyne And Wear  at £3.07 Billions
• The average price in North East England was £167 K while median price was £127 K
• The average sales price at county level was maximum for Tyne And Wear at  £184K
• The sales value contributed by New Property was 14.46%, for Not New 85.54 %

North East England is one of the 9 principal areas of England. It consist of the counties Northumberland, Tyne and Wear, County Durham, Darlington, Hartlepool, Stockton-on-Tees, Redcar and Cleveland, Middlesbrough.

Total Value of Sales By Property Types

North East England had total property sales of £7 billions. It contributed 2.3% of the England Wales Property Market 2015.

The split across the different property types was:

• Detached at £2.09 billions (30.8%) 
• Semi-Detached at £1.83 billions (26.91%) 
• Terraced at 1.511 billions (22.27%)
• Flat/Maisonette at £454 millions (6.7%)
• Other at 904 millions (13.33%)

Total Sales By County 

 The total sales of £7 Billions in 2015 was split across its counties as above.

• Tyne And Wear at £3.07 billions (45.28 %)
• County Durham at £1.11 billions (16.31%)
• Northumberland at £973 millions (14.34%)
• Stockton-On-Tees at £514 millions (7.57%)
• Middlesbrough at £331 millions (4.88%)
• Darlington at £309 millions (4.55%)
• Redcar And Cleveland at £285 millions (4.2%)
• Hartlepool at £194 millions (2.86%).

Total Number of Sales By Property Types

The total property sales of £7 Billions in 2015 was spread over 40,669 properties.

• Terraced properties at 13,785 (33.9%)
• Detached at 8,589 (21.12%),
• Semi-Detached at 13,126 ( 32.28%),  
• Flat/Maisonette at 4,436 (10.91%)
• Others at 733 (1.8%).

Average & Median Sales Price 

The average sales price in North East England was £167 K.

For the different property types it was

• Detached at £243 K
• Semi-Detached at £139 K
• Terraced at £110 K
• Flat/Maisonette at £102 K
• Other at  £1.23 millions.

Similarly median sales price in North East was £127 K.

For the different property types it was

• Detached at £215 K
• Semi-Detached at £128 K
• Terraced at £90 K
• Flat/Maisonette at £85.5 K 
• Other at £250 k

Average & Median Sales Price By County

The average sales price in North East in 2015 at county level is as above.

• Maximum is for Tyne And Wear at £186 K
• Northumberland at £184 K
• Darlington at £165 K
• Stockton-On-Tees at £164 K
• Middlesbrough at £154 K
• Redcar And Cleveland at £143 K
• County Durham at £135 K
• with minimum for Hartlepool at £129 K

The median sales price in North East in 2015 is as above.  

• Maximum is for Northumberland at £150 K
• Tyne And Wear at £134 K
• Stockton-On-Tees at £130K
• Darlington at £128 K
• Redcar And Cleveland at £125 K
• Middlesbrough at £121 K
• Hartlepool at £110 K
• with minimum for County Durham at £103 K.

New Vs Not New Property Statistics

By Value of Sales

• The sales value contributed by New Property was £981 millions (14.46%)
• where as Not New Property contributed £5.80 billions (85.54 %).

By Number of Sales

• New properties sold were 5,095  (12.53%)
• where as not new property sold were 35,574 (87.47%).

All England Posts