Housing Market Analysis for NE62 5LU

Are you looking to understand NE62 5LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Northumberland postcode.

For the location information and nearby amenities in the NE62 5LU area, explore the NE62 5LU Area information page.
For comprehensive crime statistics in the NE62 5LU area, explore the NE62 5LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE62 5LU postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE62 5LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the NE62 5LU

    See the table below for more details on the sold house prices in the NE62 5LU, Northumberland postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE62 5LU postcode. Properties currently for saleProperties currently for rent

    NE62 5LU Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE62 5LU postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE62 5LU postcode.

    • Terraced
      • The average price is around £69,487 median price is £65,000 Standard Deviation is £39,405 with Total Sold: 399
      • The Last 5 Year average price is £89,596 with Total Sold: 54
      • The most recent sale happened at this postcode is , 3 BACK MOWBRAY TERRACE: £80,000 (Sold on 28 Jun 2024)
      • The first recorded sale happened at this postcode is , 2 ALVESTON CLOSE: £55,200 (Sold on 03 Apr 1995)
    • Detached
      • The average price is around £135,322 median price is £141,200 Standard Deviation is £61,638 with Total Sold: 238
      • The Last 5 Year average price is £196,357 with Total Sold: 30
      • The most recent sale happened at this postcode is , 19 MOWBRAY COURT: £250,000 (Sold on 23 May 2024)
      • The first recorded sale happened at this postcode is , 1 ALVESTON CLOSE: £64,950 (Sold on 09 Jan 1995)
    • Semi-Detached
      • The average price is around £80,887 median price is £70,000 Standard Deviation is £39,729 with Total Sold: 788
      • The Last 5 Year average price is £103,225 with Total Sold: 136
      • The most recent sale happened at this postcode is , 12 WELBECK ROAD: £39,999 (Sold on 02 May 2024)
      • The first recorded sale happened at this postcode is , 9 ACREFORD COURT: £55,950 (Sold on 25 Jan 1995)
    • Other
      • The average price is around £119,945 median price is £115,000 Standard Deviation is £84,425 with Total Sold: 10
      • The Last 5 Year average price is £103,242 with Total Sold: 6
      • The most recent sale happened at this postcode is , 1 ADMINGTON COURT: £139,950 (Sold on 16 Feb 2024)
      • The first recorded sale happened at this postcode is , 31 THE SQUARE: £215,000 (Sold on 15 Jun 2015)
    • Flat
      • The average price is around £60,486 median price is £60,000 Standard Deviation is £33,086 with Total Sold: 75
      • The Last 5 Year average price is £80,538 with Total Sold: 12
      • The most recent sale happened at this postcode is , 5 LABURNUM COURT: £72,500 (Sold on 14 Sep 2023)
      • The first recorded sale happened at this postcode is , 4 LABURNUM COURT: £29,500 (Sold on 07 Apr 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£80,0001
    2023£109,583 £1,344 6
    2022£103,500 £1,355 9
    2021£91,782 £1,179 14
    2020£78,575 £948 12
    2019£78,446 £968 12
    2018£88,342 £977 13
    2017£77,455 £941 11
    2016£76,389 £944 14
    2015£78,988 £1,067 4
    2014£59,806 £790 8
    2013£76,875 £949 4
    2012£66,083 £712 6
    2011£71,800 £851 5
    2010£76,343 £990 7
    2009£69,643 £900 7
    2008£114,707 £1,868 7
    2007£114,873 £1,427 40
    2006£92,300 £1,312 31
    2005£92,806 £1,100 16
    2004£83,096 £1,328 14
    2003£51,712 £691 27
    2002£44,245 £701 30
    2001£40,314 £519 18
    2000£29,660 £453 14
    1999£28,136 £370 16
    1998£29,721 £413 17
    1997£33,140 £586 10
    1996£33,345 £550 10
    1995£34,101 £508 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£219,000 £2,238 2
    2023£197,912 £1,972 12
    2022£200,167 £2,210 6
    2021£211,875 £1,933 4
    2020£188,333 £1,581 3
    2019£154,750 £1,547 3
    2018£181,667 £1,454 3
    2017£166,667 £1,633 12
    2016£164,678 £1,645 9
    2015£152,000 £1,616 6
    2014£135,669 £1,660 8
    2013£176,483 £1,316 3
    2012£179,167 £1,556 3
    2011£172,750 £1,842 4
    2010£153,500 £1,809 2
    2009£102,412 £1,149 4
    2007£184,937 £1,957 16
    2006£203,436 £1,863 21
    2005£195,532 £1,803 11
    2004£157,790 £1,700 5
    2003£118,850 £1,375 9
    2002£88,316 £983 6
    2001£73,744 £904 8
    2000£69,377 £701 13
    1999£61,388 £702 9
    1998£80,908 £770 16
    1997£66,647 £756 16
    1996£63,977 £749 11
    1995£72,116 £674 13
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£72,500 £1,203 4
    2023£123,265 £1,545 17
    2022£117,723 £1,459 28
    2021£105,313 £1,367 47
    2020£85,078 £1,085 20
    2019£85,280 £1,071 20
    2018£107,957 £1,278 21
    2017£88,000 £1,149 28
    2016£104,914 £1,218 28
    2015£97,366 £1,135 23
    2014£81,560 £1,057 22
    2013£82,518 £981 22
    2012£93,235 £1,205 10
    2011£89,618 £1,232 20
    2010£88,187 £1,305 15
    2009£98,273 £1,241 11
    2008£129,034 £1,608 17
    2007£116,381 £1,462 35
    2006£102,852 £1,192 41
    2005£108,298 £1,312 20
    2004£81,938 £968 40
    2003£72,847 £1,025 31
    2002£51,107 £653 41
    2001£50,850 £655 29
    2000£49,430 £577 35
    1999£46,872 £610 25
    1998£48,166 £610 36
    1997£50,304 £643 40
    1996£40,718 £465 30
    1995£44,654 £610 32
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£139,950 £2,502 1
    2020£68,000 £500 2
    2019£114,500 £1,187 3
    2017£107,5002
    2016£150,000 £1,199 1
    2015£215,000 £2,312 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£55,750 £959 2
    2022£64,333 £1,023 3
    2021£45,000 £938 1
    2020£72,000 £1,091 1
    2019£108,990 £1,310 5
    2018£58,150 £1,025 3
    2017£61,000 £616 1
    2016£64,000 £815 2
    2015£45,000 £696 1
    2014£57,500 £772 2
    2013£50,500 £868 2
    2012£75,225 £982 2
    2010£72,000 £1,126 1
    2009£77,000 £1,128 4
    2008£90,300 £1,190 3
    2007£81,889 £1,334 9
    2006£67,356 £1,183 5
    2005£82,000 £1,237 3
    2004£53,000 £659 2
    2003£40,125 £741 6
    2002£31,083 £545 6
    2001£32,667 £518 3
    2000£22,912 £431 4
    1999£16,5001
    1998£27,750 £430 2
    1995£29,500 £537 1

    House Type in NE62 5LU area

    The most common house types in the NE62 5LU postcode area are Semi-detached (52), Flat (52), and Terraced (14).

    Total124
    Semi-detached52
    Flat52
    Terraced14
    commercial building5
    converted building1
    Detached0
    Shared house0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (25), and Owned: Owns outright (24).

    Social rented: Other social rented25
    Owned: Owns outright24
    Social rented: Rents from council or Local Authority24
    Private rented: Private landlord or letting agency24
    Owned: Owns with a mortgage or loan22
    Private rented: Other private rented5
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE62 5LU have 1 person in household (63), and 2 people in household (34).

    1 person in household63
    2 people in household34
    3 people in household16
    4 people in household7
    5 people in household2
    6 people in household1
    7 people in household1
    0 people in household0
    8 or more people in household0