Last year most property sales in North East involved terraced properties which sold for on average £145,908. Semi-detached properties sold for an average price of £183,638, while detached properties fetched £339,686.
North East, with an overall average price of £192,552 was cheaper than nearby North West (£243,025), Yorkshire and the Humber (£239,146) and East Midlands (£264,463). The priciest area within North East was Northumberland (£245,183) and the least expensive was County Durham (£165,986).
During the last year, sold prices in North East were 3% down on the previous year and similar to 2021 when the average house price was £191,151.
