Last year most property sales in North East involved terraced properties which sold for on average £115,111. Semi-detached properties sold for an average price of £139,610, while detached properties fetched £241,155.
North East, with an overall average price of £147,802 was cheaper than nearby North West (£164,294), Yorkshire and the Humber (£163,972) and East Midlands (£171,697). The priciest area within North East was Northumberland (£176,703) and the least expensive was County Durham (£133,664).
During the last year, sold prices in North East were 4% up on the previous year and similar to 2010 when the average house price was £146,983.