Last year most property sales in North East involved terraced properties which sold for on average £117,606. Semi-detached properties sold for an average price of £146,591, while detached properties fetched £257,690.
North East, with an overall average price of £157,566 was cheaper than nearby North West (£181,832), Yorkshire and the Humber (£182,786) and East Midlands (£197,332). The priciest area within North East was Northumberland (£193,176) and the least expensive was County Durham (£139,699).
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.