Last year most property sales in North East involved terraced properties which sold for on average £117,776. Semi-detached properties sold for an average price of £141,323, while detached properties fetched £243,715.
North East, with an overall average price of £150,748 was cheaper than nearby North West (£167,385), Yorkshire and the Humber (£167,579) and East Midlands (£175,346). The priciest area within North East was Northumberland (£182,015) and the least expensive was County Durham (£136,278).
During the last year, sold prices in North East were 5% up on the previous year and 3% up on 2010 when the average house price was £146,982.