Last year most property sales in North East involved terraced properties which sold for on average £115,809. Semi-detached properties sold for an average price of £141,356, while detached properties fetched £243,026.
North East, with an overall average price of £150,367 was cheaper than nearby North West (£168,245), Yorkshire and the Humber (£168,230) and East Midlands (£177,413). The priciest area within North East was Northumberland (£180,292) and the least expensive was County Durham (£134,798).
During the last year, sold prices in North East were similar to the previous year and similar to 2010 when the average house price was £146,989.