Last year most property sales in North East involved semi-detached properties which sold for on average £149,567. Terraced properties sold for an average price of £119,488, while detached properties fetched £265,336.
North East, with an overall average price of £161,852 was cheaper than nearby North West (£190,332), Yorkshire and the Humber (£188,023) and East Midlands (£206,351). The priciest area within North East was Northumberland (£195,967) and the least expensive was County Durham (£142,933).
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 £154,846.