Last year most property sales in North East involved terraced properties which sold for on average £117,865. Semi-detached properties sold for an average price of £141,392, while detached properties fetched £241,853.
North East, with an overall average price of £150,745 was cheaper than nearby North West (£167,799), Yorkshire and the Humber (£167,578) and East Midlands (£175,726). The priciest area within North East was Northumberland (£180,355) and the least expensive was County Durham (£135,994).
During the last year, sold prices in North East were 4% up on the previous year and 3% up on 2010 when the average house price was £146,987.