Last year most property sales in North East involved semi-detached properties which sold for on average £149,313. Terraced properties sold for an average price of £119,497, while detached properties fetched £265,916.
North East, with an overall average price of £161,800 was cheaper than nearby North West (£190,250), Yorkshire and the Humber (£188,139) and East Midlands (£206,869). The priciest area within North East was Northumberland (£194,006) and the least expensive was County Durham (£143,098).
During the last year, sold prices in North East were similar to the previous year and 4% up on 2015 when the average house price was £154,851.