Last year most property sales in North East involved terraced properties which sold for on average £118,355. Semi-detached properties sold for an average price of £147,493, while detached properties fetched £256,386.
North East, with an overall average price of £158,038 was cheaper than nearby North West (£181,862), Yorkshire and the Humber (£182,626) and East Midlands (£196,921). The priciest area within North East was Northumberland (£193,293) and the least expensive was County Durham (£139,929).
During the last year, sold prices in North East were similar to the previous year and 5% up on 2014 when the average house price was £149,974.