Last year most property sales in North East involved terraced properties which sold for on average £113,859. Semi-detached properties sold for an average price of £139,616, while detached properties fetched £239,304.
North East, with an overall average price of £147,282 was cheaper than nearby North West (£163,651), Yorkshire and the Humber (£163,211) and East Midlands (£170,809). The priciest area within North East was Northumberland (£174,032) and the least expensive was County Durham (£134,292).
During the last year, sold prices in North East were 3% up on the previous year and similar to 2010 when the average house price was £146,983.