Last year most property sales in North East involved terraced properties which sold for on average £122,292. Semi-detached properties sold for an average price of £150,813, while detached properties fetched £269,856.
North East, with an overall average price of £164,754 was cheaper than nearby North West (£192,867), Yorkshire and the Humber (£190,859) and East Midlands (£211,723). The priciest area within North East was Northumberland (£200,510) and the least expensive was County Durham (£145,658).
During the last year, sold prices in North East were similar to the previous year and 4% up on 2016 when the average house price was £157,941.