Last year most property sales in North East involved terraced properties which sold for on average £116,904. Semi-detached properties sold for an average price of £146,211, while detached properties fetched £260,605.
North East, with an overall average price of £158,049 was cheaper than nearby North West (£182,313), Yorkshire and the Humber (£182,725) and East Midlands (£197,953). The priciest area within North East was Northumberland (£194,148) and the least expensive was County Durham (£139,873).
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 £149,970.