Last year most property sales in North East involved terraced properties which sold for on average £146,358. Semi-detached properties sold for an average price of £183,167, while detached properties fetched £337,509.
North East, with an overall average price of £192,233 was cheaper than nearby North West (£242,953), Yorkshire and the Humber (£239,690) and East Midlands (£264,952). The priciest area within North East was Northumberland (£244,674) and the least expensive was County Durham (£165,121).
During the last year, sold prices in North East were 4% down on the previous year and similar to 2021 when the average house price was £191,123.
