Last year most property sales in North East involved semi-detached properties which sold for on average £150,223. Terraced properties sold for an average price of £120,040, while detached properties fetched £265,786.
North East, with an overall average price of £162,379 was cheaper than nearby North West (£190,804), Yorkshire and the Humber (£188,204) and East Midlands (£206,424). The priciest area within North East was Northumberland (£196,425) and the least expensive was County Durham (£143,498).
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 £154,840.