Last year most property sales in North East involved terraced properties which sold for on average £144,664. Semi-detached properties sold for an average price of £183,679, while detached properties fetched £334,694.
North East, with an overall average price of £191,162 was cheaper than nearby North West (£241,559), Yorkshire and the Humber (£235,529) and East Midlands (£262,805). The priciest area within North East was Northumberland (£244,836) and the least expensive was County Durham (£165,661).
During the last year, sold prices in North East were 5% down on the previous year and similar to 2021 when the average house price was £191,203.
