Last year most property sales in North East involved terraced properties which sold for on average £118,475. Semi-detached properties sold for an average price of £145,331, while detached properties fetched £249,409.
North East, with an overall average price of £154,957 was cheaper than nearby North West (£173,702), Yorkshire and the Humber (£175,218) and East Midlands (£186,234). The priciest area within North East was Northumberland (£186,549) and the least expensive was County Durham (£138,603).
During the last year, sold prices in North East were 3% up on the previous year and 5% up on 2010 when the average house price was £147,052.