Last year most property sales in North East involved terraced properties which sold for on average £119,704. Semi-detached properties sold for an average price of £147,287, while detached properties fetched £253,973.
North East, with an overall average price of £156,367 was cheaper than nearby North West (£179,427), Yorkshire and the Humber (£180,009) and East Midlands (£193,132). The priciest area within North East was Northumberland (£190,259) and the least expensive was County Durham (£137,671).
During the last year, sold prices in North East were similar to the previous year and 4% up on 2014 when the average house price was £149,972.