Housing Market Analysis for MORPETH ROAD, NE62 5PG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £92,750 median price is £88,000 Standard Deviation is £21,882 with Total Sold: 4
    • The Last 5 Year average price is £97,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 34 MORPETH ROAD: £125,000 (Sold on 18 Nov 2021)
    • The first recorded sale happened at this postcode is 26 MORPETH ROAD: £75,500 (Sold on 18 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5PG 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
2021£97,500 £1,258 2
2011£100,500 £1,018 1
2003£75,500 £765 1

All the Sales in the MORPETH ROAD, NE62 5PG

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

AddressSold DatePrice% Change
34 MORPETH ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196618 Nov 2021£125,000First Sale
24 MORPETH ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-194922 Apr 2021£70,000First Sale
26 MORPETH ROADSemi-Detached, FreeholdArea: 98.68 Sq.mtrAge: 1950-196615 Jul 2011£100,50033.11%
18 Jul 2003£75,500First Sale

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

MORPETH ROAD, NE62 5PG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £77,868 median price is £70,000 Standard Deviation is £38,066 with Total Sold: 462
    • The Last 5 Year average price is £97,224 with Total Sold: 90
    • 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)
  • Detached
    • The average price is around £121,950 median price is £96,300 Standard Deviation is £58,818 with Total Sold: 125
    • The Last 5 Year average price is £209,554 with Total Sold: 13
    • 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 £60,940 median price is £60,250 Standard Deviation is £33,076 with Total Sold: 74
    • 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)
  • Terraced
    • The average price is around £67,396 median price is £65,000 Standard Deviation is £37,420 with Total Sold: 215
    • The Last 5 Year average price is £84,907 with Total Sold: 29
    • The most recent sale happened at this postcode is , 1 LINDISFARNE WALK: £65,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is , 28 OLYMPIA AVENUE: £26,000 (Sold on 10 Nov 1995)
  • Other
    • The average price is around £131,857 median price is £100,000 Standard Deviation is £90,167 with Total Sold: 7
    • The Last 5 Year average price is £118,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 4 - 6 HIGH STREET: £100,000 (Sold on 21 Dec 2020)
    • The first recorded sale happened at this postcode is , 31 THE SQUARE: £215,000 (Sold on 15 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,500 £1,203 4
2023£110,375 £1,344 8
2022£114,012 £1,378 20
2021£101,039 £1,320 31
2020£81,931 £1,088 13
2019£78,546 £1,049 14
2018£98,200 £1,186 13
2017£81,850 £1,018 20
2016£101,888 £1,121 20
2015£93,568 £1,053 14
2014£76,261 £1,026 16
2013£77,838 £887 16
2012£87,800 £1,124 8
2011£78,991 £1,083 15
2010£83,227 £1,182 11
2009£107,750 £1,291 8
2008£111,357 £1,439 7
2007£98,734 £1,313 21
2006£86,251 £1,074 20
2005£104,231 £1,183 13
2004£76,504 £854 29
2003£67,514 £938 17
2002£48,286 £564 21
2001£44,488 £612 13
2000£49,161 £563 23
1999£52,292 £749 6
1998£39,552 £463 12
1997£47,658 £614 23
1996£23,676 £309 10
1995£43,094 £620 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£238,317 £1,972 3
2022£200,200 £2,170 5
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£163,800 £1,934 5
2016£154,720 £1,629 5
2015£146,250 £1,706 4
2014£147,475 £1,959 2
2013£167,000 £1,120 1
2012£160,000 £1,538 1
2011£172,000 £1,870 3
2010£153,500 £1,809 2
2007£180,642 £1,919 7
2006£184,071 £1,978 7
2005£163,500 £2,153 4
2004£144,667 £1,685 3
2003£115,975 £1,392 2
2002£88,979 £962 5
2001£75,408 £928 6
2000£71,267 £703 9
1999£59,082 £687 6
1998£89,177 £794 12
1997£65,386 £755 14
1996£57,611 £811 4
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£77,475 £1,183 4
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£67,750 £1,025 2
2022£98,214 £1,318 7
2021£95,136 £1,222 7
2020£75,833 £823 6
2019£74,050 £867 7
2018£103,850 £1,037 7
2017£77,200 £1,005 5
2016£69,571 £965 7
2015£73,650 £876 3
2014£52,375 £678 4
2013£79,167 £951 3
2012£74,750 £760 4
2011£73,250 £826 4
2010£84,150 £957 3
2009£69,700 £898 5
2008£93,090 £1,671 5
2007£103,917 £1,295 22
2006£86,518 £1,248 19
2005£105,733 £1,343 6
2004£73,872 £1,270 9
2003£46,107 £654 14
2002£44,061 £718 19
2001£37,970 £444 10
2000£25,424 £424 8
1999£28,547 £311 7
1998£27,632 £399 11
1997£30,991 £564 6
1996£26,950 £406 2
1995£20,983 £99 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£68,000 £500 2
2019£168,500 £1,187 2
2017£85,0001
2016£150,000 £1,199 1
2015£215,000 £2,312 1

House Type in NE62 5PG area

The most common house types in the NE62 5PG postcode area are Semi-detached (83), Flat (21), and Terraced (15).

Total129
Semi-detached83
Flat21
Terraced15
Detached6
Shared house3
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (31), and Owned: Owns with a mortgage or loan (27).

Social rented: Other social rented31
Owned: Owns with a mortgage or loan27
Social rented: Rents from council or Local Authority27
Owned: Owns outright23
Private rented: Private landlord or letting agency21
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 5PG have 1 person in household (55), and 2 people in household (39).

1 person in household55
2 people in household39
3 people in household17
4 people in household12
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0