Last year most property sales in North East involved semi-detached properties which sold for on average £149,353. Terraced properties sold for an average price of £119,867, while detached properties fetched £265,489.
North East, with an overall average price of £163,230 was cheaper than nearby North West (£190,703), Yorkshire and the Humber (£188,401) and East Midlands (£206,160). The priciest area within North East was Northumberland (£195,678) and the least expensive was County Durham (£145,378).
During the last year, sold prices in North East were similar to the previous year and 5% up on 2015 when the average house price was £154,845.