Last year most property sales in North East involved terraced properties which sold for on average £115,659. Semi-detached properties sold for an average price of £139,507, while detached properties fetched £243,042.
North East, with an overall average price of £148,436 was cheaper than nearby North West (£165,463), Yorkshire and the Humber (£165,731) and East Midlands (£173,217). The priciest area within North East was Northumberland (£179,377) and the least expensive was County Durham (£134,256).
During the last year, sold prices in North East were 3% up on the previous year and similar to 2010 when the average house price was £146,976.