Last year most property sales in North East involved terraced properties which sold for on average £116,977. Semi-detached properties sold for an average price of £142,165, while detached properties fetched £242,434.
North East, with an overall average price of £150,874 was cheaper than nearby North West (£167,913), Yorkshire and the Humber (£167,783) and East Midlands (£176,360). The priciest area within North East was Northumberland (£182,369) and the least expensive was County Durham (£135,334).
During the last year, sold prices in North East were 3% up on the previous year and 3% up on 2010 when the average house price was £146,984.