Housing Market Analysis for WELBECK ROAD, NE62 5NJ

Are you looking to understand NE62 5NJ 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 5NJ area, explore the NE62 5NJ Area information page.
For comprehensive crime statistics in the NE62 5NJ area, explore the NE62 5NJ Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £50,167 median price is £39,000 Standard Deviation is £21,316 with Total Sold: 3
    • The Last 5 Year average price is £80,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 WELBECK ROAD: £80,000 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is 31 WELBECK ROAD: £31,500 (Sold on 10 Sep 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5NJ 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.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£80,000 £1,212 1
2013£39,000 £591 1
2002£31,500 £470 1

All the Sales in the WELBECK ROAD, NE62 5NJ

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

AddressSold DatePrice% Change
27 WELBECK ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-196625 Feb 2022£80,000105.13%
24 Jun 2013£39,000First Sale
31 WELBECK ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-196610 Sep 2002£31,500First Sale

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

WELBECK ROAD, NE62 5NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE62 5NJ 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 5NJ postcode.

  • Terraced
    • The average price is around £64,943 median price is £64,950 Standard Deviation is £34,718 with Total Sold: 321
    • The Last 5 Year average price is £84,781 with Total Sold: 49
    • 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 MOWBRAY TERRACE: £25,500 (Sold on 17 May 1995)
  • Semi-Detached
    • The average price is around £76,780 median price is £70,000 Standard Deviation is £36,687 with Total Sold: 572
    • The Last 5 Year average price is £94,957 with Total Sold: 115
    • 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 £132,550 median price is £130,000 Standard Deviation is £79,565 with Total Sold: 9
    • The Last 5 Year average price is £122,590 with Total Sold: 5
    • 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)
  • Detached
    • The average price is around £124,721 median price is £99,972 Standard Deviation is £61,796 with Total Sold: 144
    • The Last 5 Year average price is £208,871 with Total Sold: 14
    • The most recent sale happened at this postcode is , 2 ORCHARD GARDENS: £264,950 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , 11 ACREFORD COURT: £70,500 (Sold on 08 Feb 1995)
  • 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£84,625 £1,082 4
2022£103,500 £1,355 9
2021£91,782 £1,179 14
2020£71,359 £845 11
2019£73,435 £877 10
2018£86,538 £932 12
2017£72,700 £930 10
2016£63,818 £854 11
2015£73,650 £876 3
2014£57,136 £749 7
2013£76,875 £949 4
2012£66,083 £712 6
2011£71,800 £851 5
2010£73,400 £894 6
2009£69,643 £900 7
2008£93,090 £1,671 5
2007£99,064 £1,246 31
2006£87,108 £1,213 26
2005£87,492 £1,100 12
2004£73,485 £1,238 10
2003£48,325 £656 23
2002£40,767 £635 24
2001£37,382 £438 11
2000£25,122 £382 11
1999£26,066 £307 14
1998£27,125 £381 14
1997£31,056 £537 8
1996£20,880 £311 5
1995£21,779 £224 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,500 £1,203 4
2023£110,500 £1,330 10
2022£112,010 £1,366 24
2021£96,115 £1,253 41
2020£83,924 £1,041 19
2019£76,565 £1,024 17
2018£95,840 £1,171 15
2017£83,833 £1,086 24
2016£102,307 £1,156 22
2015£93,942 £1,070 19
2014£74,651 £997 19
2013£76,272 £886 18
2012£87,800 £1,124 8
2011£82,705 £1,141 14
2010£84,446 £1,210 13
2009£98,273 £1,241 11
2008£109,182 £1,396 11
2007£100,682 £1,342 24
2006£88,654 £1,122 29
2005£103,068 £1,169 14
2004£76,574 £883 34
2003£62,310 £841 22
2002£47,190 £580 26
2001£46,808 £591 19
2000£47,968 £546 25
1999£41,525 £551 10
1998£47,873 £582 23
1997£46,050 £607 26
1996£25,009 £312 12
1995£39,342 £517 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,950 £2,502 1
2020£68,000 £500 2
2019£168,500 £1,187 2
2017£107,5002
2016£150,000 £1,199 1
2015£215,000 £2,312 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£238,317 £1,972 3
2022£200,167 £2,210 6
2021£245,000 £2,415 2
2020£185,000 £1,425 2
2019£148,250 £1,808 1
2018£147,500 £1,536 2
2017£174,143 £1,794 7
2016£154,720 £1,629 5
2015£146,250 £1,706 4
2014£177,590 £1,959 5
2013£202,250 £1,247 2
2012£160,000 £1,538 1
2011£172,000 £1,870 3
2010£153,500 £1,809 2
2009£96,6501
2007£180,642 £1,919 7
2006£184,071 £1,978 7
2005£180,790 £1,940 5
2004£144,667 £1,685 3
2003£114,817 £1,379 3
2002£88,316 £983 6
2001£75,408 £928 6
2000£81,140 £703 10
1999£61,187 £702 8
1998£88,701 £769 15
1997£66,627 £755 15
1996£64,489 £701 5
1995£77,488 £698 8
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 5NJ area

The most common house types in the NE62 5NJ postcode area are Semi-detached (99), Flat (5), and Terraced (4).

Total111
Semi-detached99
Flat5
Terraced4
Detached2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (35), and Social rented: Other social rented (25).

Social rented: Rents from council or Local Authority35
Social rented: Other social rented25
Owned: Owns with a mortgage or loan24
Owned: Owns outright16
Private rented: Private landlord or letting agency9
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5NJ have 2 people in household (38), and 1 person in household (36).

2 people in household38
1 person in household36
3 people in household22
4 people in household10
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0