Last year most property sales in North East involved semi-detached properties which sold for on average £148,280. Terraced properties sold for an average price of £118,035, while detached properties fetched £264,078.
North East, with an overall average price of £160,724 was cheaper than nearby North West (£188,686), Yorkshire and the Humber (£187,017) and East Midlands (£203,868). The priciest area within North East was Northumberland (£195,217) and the least expensive was County Durham (£142,542).
During the last year, sold prices in North East were similar to the previous year and 4% up on 2015 when the average house price was £154,855.