Housing Market Analysis for MORPETH CLOSE, NE62 5PR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £34,833 median price is £35,000 Standard Deviation is £14,755 with Total Sold: 6
    • The Last 5 Year average price is £45,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 MORPETH CLOSE: £45,000 (Sold on 19 Nov 2021)
    • The first recorded sale happened at this postcode is 12 MORPETH CLOSE: £10,500 (Sold on 31 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5PR 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£45,000 £938 1
2018£40,000 £833 1
2013£30,000 £625 1
2008£26,5001
2007£57,000 £1,188 1
2000£10,500 £219 1

All the Sales in the MORPETH CLOSE, NE62 5PR

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

AddressSold DatePrice% Change
12 MORPETH CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197519 Nov 2021£45,000-21.05%
16 Feb 2007£57,000442.86%
31 Mar 2000£10,500First Sale
20 MORPETH CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197527 Mar 2018£40,00033.33%
06 Dec 2013£30,000First Sale
9 MORPETH CLOSEFlat, Leasehold26 Aug 2008£26,500First Sale

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

MORPETH CLOSE, NE62 5PR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £64,737 median price is £64,000 Standard Deviation is £35,235 with Total Sold: 307
    • The Last 5 Year average price is £84,772 with Total Sold: 45
    • 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 £77,738 median price is £70,000 Standard Deviation is £37,056 with Total Sold: 545
    • The Last 5 Year average price is £95,774 with Total Sold: 101
    • 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 £123,135 median price is £98,300 Standard Deviation is £59,159 with Total Sold: 150
    • 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 £60,940 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)

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£93,677 £1,199 11
2020£69,995 £815 10
2019£73,435 £877 10
2018£90,195 £937 10
2017£72,700 £930 10
2016£63,818 £854 11
2015£73,650 £876 3
2014£57,136 £749 7
2013£79,167 £951 3
2012£66,083 £712 6
2011£73,250 £826 4
2010£80,600 £942 4
2009£70,417 £900 6
2008£93,090 £1,671 5
2007£99,034 £1,247 30
2006£87,108 £1,213 26
2005£87,492 £1,100 12
2004£73,485 £1,238 10
2003£48,203 £658 22
2002£41,376 £656 23
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£114,012 £1,378 20
2021£96,478 £1,268 36
2020£85,319 £1,059 16
2019£77,307 £1,039 15
2018£97,971 £1,181 14
2017£83,833 £1,086 24
2016£103,943 £1,178 23
2015£94,997 £1,069 18
2014£78,951 £1,068 17
2013£80,318 £901 17
2012£87,800 £1,124 8
2011£78,991 £1,083 15
2010£85,317 £1,238 12
2009£98,273 £1,241 11
2008£107,600 £1,396 10
2007£104,656 £1,386 25
2006£91,069 £1,074 22
2005£104,231 £1,183 13
2004£76,081 £867 32
2003£69,262 £905 20
2002£48,598 £615 25
2001£48,467 £636 20
2000£50,281 £573 27
1999£45,781 £619 8
1998£47,873 £582 23
1997£49,395 £635 31
1996£31,478 £312 13
1995£43,094 £620 16
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£134,488 £1,959 4
2013£202,250 £1,247 2
2012£160,000 £1,538 1
2011£172,750 £1,842 4
2010£153,500 £1,809 2
2009£96,6501
2007£184,055 £1,933 9
2006£184,071 £1,978 7
2005£180,790 £1,940 5
2004£147,800 £1,743 5
2003£103,612 £1,379 4
2002£88,316 £983 6
2001£75,408 £928 6
2000£71,540 £711 10
1999£61,187 £702 8
1998£86,287 £774 14
1997£66,627 £755 15
1996£65,621 £720 7
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 in NE62 5PR area

The most common house types in the NE62 5PR 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 5PR 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