Tyne & Wear

Area Guide For Tyne & Wear

Tyne and Wear is a metropolitan county in North East region of England.  It was one of six English metropolitan county councils that existed from 1974 until their abolition in 1986. Historic attractions such as the Victoria tunnel and Gateshead Millennium Bridge. Looking for a charming property? Tyne and Wear is a perfect place to relocate if you’re in need of somewhere relaxing, with semi-rural position surroundings by open fields and woodland. We can help find the ideal home for you.


Tyne & Wear Map

Estimated Price: £161,431
Average Asking Price: £178,194
Price change in last one year: £8,277
Average Price Paid: £149,294
Average Rent Rates: £877


Property Prices Breakdown in Tyne & Wear

Average Price for property in Tyne & Wear is around £161,431 which varies based on type of property you are interested in and ranges from £294,267 for detached house to around £162,495 for semi-detached. Similarly terraced house is around £137,237 and a flat is worth £113,683. Values have been changing and have risen £431 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £80 in last 6 months, £8,277 in last 1 year, £12,165 in last 2 years, £17,369 in last 3 years, £12,475 in last 4 years and £11,560 in last 5 years.

Currently average asking price of a property in Tyne & Wear is around £178,194 based on approximately 11,401 properties for sale. Same is the case with rental options based on 6,773 properties up for rent, average asking rent is around £877 per month.

Estimated property value in Tyne & Wear is £161,431. Average asking price is £178,194 while average price paid is £154,642 which is up by £8,277 and Avg. asking rent £877.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Tyne & Wear area. In last 1 year alone average price buyer paid is around £154,642 based on approximately 11,401 sales in Tyne & Wear area alone. If you compare it to last 3 years sales of 33,418 properties where buyers paid around £150,065. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £149,294 for 53,353 and average amount paid for purchase of approx. 73,290 properties sold in last 7 years comes to about £149,052 per sale.


Properties For Sale in Tyne & Wear


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £113,808, £117,935 for a 2 bedroom house, £157,224 for a 3 bedroom house, £286,084 for a 4 bedroom house and £446,272 for a 5 bedroom house. For a flat similarly the prices varies from £84,104 for a single bedroom to £107,469 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £121,169, £150,830 for a 4 bedroom flat and £147,852 for a 5 bedroom flat. To sum up the asking prices for properties in Tyne & Wear it comes to around average £87,761 for 1 bedroom property, £111,775 for 2 bedroom, £152,694 for 3 bedroom, £280,301 for 4 bedroom and £415,424 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £459 for 1 bedroom to £535 for 2 bedrooms, £673 for 3 bedrooms, £961 for 4 bedrooms and £1,261 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £491. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £641, £765 for 3 bedroom, £907 for 4 bedroom and around £1,222 for 5 bedroom flat. You should be generally be expecting around average £480 rent per month for single bedroom property, £621 for 2 bedroom, £731 for 3 bedroom, £942 for 4 bedroom and approximately £1,243 for a 5 bedroom property in Tyne & Wear area.

Popular Houses in Tyne & Wear

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Tyne & Wear

Areas in and around Tyne & Wear