Last year most property sales in North East involved semi-detached properties which sold for on average £150,142. Terraced properties sold for an average price of £120,982, while detached properties fetched £265,935.
North East, with an overall average price of £162,902 was cheaper than nearby North West (£190,756), Yorkshire and the Humber (£188,978) and East Midlands (£207,954). The priciest area within North East was Northumberland (£195,817) and the least expensive was County Durham (£143,813).
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 £154,849.