Last year most property sales in North East involved semi-detached properties which sold for on average £148,261. Terraced properties sold for an average price of £117,161, while detached properties fetched £263,987.
North East, with an overall average price of £159,263 was cheaper than nearby North West (£186,777), Yorkshire and the Humber (£185,566) and East Midlands (£201,617). The priciest area within North East was Northumberland (£194,085) and the least expensive was County Durham (£141,178).
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 £154,863.