Housing Market Analysis for NE62 5PY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £387,800 median price is £380,000 Standard Deviation is £29,923 with Total Sold: 5
    • The Last 5 Year average price is £364,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE GRANARY 1, NORTH FARM: £364,000 (Sold on 28 Aug 2020)
    • The first recorded sale happened at this postcode is THE GRANARY 1, NORTH FARM: £350,000 (Sold on 06 Oct 2006)
  • Detached
    • The average price is around £517,500 median price is £517,500 Standard Deviation is £192,500 with Total Sold: 2
    • The most recent sale happened at this postcode is NORTH FARM: £710,000 (Sold on 23 May 2008)
    • The first recorded sale happened at this postcode is THE STABLES 5, NORTH FARM: £325,000 (Sold on 16 Jan 2007)
  • Terraced
    • The average price is around £295,000 median price is £295,000 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is THE FORGE 4, NORTH FARM: £295,000 (Sold on 21 Jun 2007)
    • The first recorded sale happened at this postcode is THE FOLD 3, NORTH FARM: £295,000 (Sold on 12 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5PY 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
2020£364,0001
2014£380,0001
2008£420,0001
2007£425,0001
2006£350,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£710,0001
2007£325,000 £2,559 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£295,0001
2006£295,0001

All the Sales in the NE62 5PY

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

AddressSold DatePrice% Change
THE GRANARY 1, NORTH FARMSemi-Detached, Freehold28 Aug 2020£364,000-13.33%
25 Apr 2008£420,00020.00%
06 Oct 2006£350,000First Sale
THE MILL 2, NORTH FARMSemi-Detached, Freehold18 Nov 2014£380,000-10.59%
01 Jun 2007£425,000First Sale
NORTH FARMDetached, Freehold23 May 2008£710,000First Sale
THE FORGE 4, NORTH FARMTerraced, Freehold21 Jun 2007£295,000First Sale
THE STABLES 5, NORTH FARMDetached, FreeholdArea: 127 Sq.mtrAge: 2007-201116 Jan 2007£325,000First Sale
THE FOLD 3, NORTH FARMTerraced, Freehold12 Dec 2006£295,000First Sale

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

NE62 5PY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £172,125 median price is £122,250 Standard Deviation is £132,376 with Total Sold: 20
    • The Last 5 Year average price is £215,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 8 JOHNSON VILLAS: £213,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 JOHNSON VILLAS: £37,000 (Sold on 15 Dec 1995)
  • Detached
    • The average price is around £392,875 median price is £362,500 Standard Deviation is £206,733 with Total Sold: 4
    • The most recent sale happened at this postcode is , NORTH FARM : £710,000 (Sold on 23 May 2008)
    • The first recorded sale happened at this postcode is , PADDOCK HALL MORPETH ROAD: £136,500 (Sold on 22 Sep 1995)
  • Terraced
    • The average price is around £295,000 median price is £295,000 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is THE FORGE 4, NORTH FARM : £295,000 (Sold on 21 Jun 2007)
    • The first recorded sale happened at this postcode is THE FOLD 3, NORTH FARM : £295,000 (Sold on 12 Dec 2006)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,0001
2021£140,000 £1,628 1
2020£364,0001
2019£146,000 £1,605 1
2018£85,000 £1,037 1
2017£116,5001
2014£208,333 £1,336 3
2013£114,000 £1,356 2
2008£420,0001
2007£425,0001
2006£350,0001
2003£115,000 £1,386 1
2000£63,000 £636 1
1998£34,500 £416 1
1997£39,5001
1996£41,000 £500 1
1995£37,000 £352 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£710,0001
2007£325,000 £2,559 1
2004£400,000 £2,899 1
1995£136,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£295,0001
2006£295,0001

House Type in NE62 5PY area

The most common house types in the NE62 5PY postcode area are Terraced (81), Semi-detached (48), and Detached (20).

Total155
Terraced81
Semi-detached48
Detached20
converted building4
commercial building2
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright59
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency26
Social rented: Other social rented19
Private rented: Other private rented7
Social rented: Rents from council or Local Authority5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE62 5PY have 2 people in household (74), and 1 person in household (55).

2 people in household74
1 person in household55
4 people in household15
3 people in household8
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0