Last year most property sales in North East involved semi-detached properties which sold for on average £147,904. Terraced properties sold for an average price of £117,830, while detached properties fetched £263,218.
North East, with an overall average price of £159,404 was cheaper than nearby North West (£187,772), Yorkshire and the Humber (£186,478) and East Midlands (£202,683). The priciest area within North East was Northumberland (£193,960) and the least expensive was County Durham (£141,125).
During the last year, sold prices in North East were similar to the previous year and 3% up on 2015 when the average house price was £154,856.