Housing Market Analysis for NE62 5RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE62 5RE 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 5RE

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

    AddressSold DatePrice% Change

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

    NE62 5RE Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £80,081 median price is £65,950 Standard Deviation is £40,968 with Total Sold: 309
      • The Last 5 Year average price is £118,969 with Total Sold: 49
      • The most recent sale happened at this postcode is , 7 BROADWAY: £95,000 (Sold on 24 Apr 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 £139,282 median price is £119,975 Standard Deviation is £101,938 with Total Sold: 12
      • The Last 5 Year average price is £135,710 with Total Sold: 9
      • 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)
    • Terraced
      • The average price is around £61,129 median price is £60,000 Standard Deviation is £32,019 with Total Sold: 191
      • The Last 5 Year average price is £77,422 with Total Sold: 29
      • The most recent sale happened at this postcode is , 103 EAST GREEN: £40,000 (Sold on 22 Jan 2024)
      • The first recorded sale happened at this postcode is , 24 HIGH STREET: £9,000 (Sold on 30 Nov 1995)
    • Detached
      • The average price is around £117,300 median price is £90,000 Standard Deviation is £56,363 with Total Sold: 134
      • The Last 5 Year average price is £205,554 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 £51,269 median price is £52,750 Standard Deviation is £22,435 with Total Sold: 50
      • The Last 5 Year average price is £61,786 with Total Sold: 7
      • 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: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£95,0001
    2023£124,150 £1,549 10
    2022£130,750 £1,687 11
    2021£133,768 £1,686 14
    2020£100,857 £1,318 7
    2019£79,333 £1,218 6
    2018£103,371 £1,263 7
    2017£82,250 £1,073 15
    2016£110,606 £1,318 9
    2015£113,333 £1,253 6
    2014£75,272 £1,055 10
    2013£104,790 £1,309 5
    2012£101,090 £1,463 5
    2011£78,083 £1,197 6
    2010£92,644 £1,376 9
    2009£113,200 £1,538 5
    2008£93,562 £1,254 8
    2007£116,500 £1,505 7
    2006£88,433 £1,389 9
    2005£106,722 £1,324 9
    2004£82,111 £987 17
    2003£82,571 £1,471 11
    2002£54,463 £675 21
    2001£48,386 £678 15
    2000£47,520 £578 20
    1999£42,344 £675 8
    1998£50,216 £614 20
    1997£50,590 £638 22
    1996£35,188 £409 4
    1995£49,246 £668 12
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£139,950 £2,502 1
    2022£2,1001
    2021£213,613 £1,636 3
    2020£133,833 £25 3
    2019£37,000 £544 1
    2017£85,0001
    2016£150,000 £1,199 1
    2015£215,000 £2,312 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£40,000 £563 1
    2023£73,667 £1,023 3
    2022£74,375 £1,169 4
    2021£100,028 £1,299 9
    2020£59,000 £791 6
    2019£72,083 £889 6
    2018£94,900 £1,188 5
    2017£68,792 £1,001 6
    2016£63,812 £1,005 4
    2015£61,225 £720 2
    2014£47,833 £597 3
    2013£59,738 £624 4
    2012£69,500 £914 4
    2011£79,333 £903 3
    2010£62,500 £787 3
    2009£72,833 £995 3
    2008£91,390 £916 5
    2007£89,243 £1,343 14
    2006£90,575 £1,308 12
    2005£78,700 £947 4
    2004£67,176 £973 15
    2003£49,613 £544 11
    2002£44,421 £698 17
    2001£43,362 £475 8
    2000£18,875 £248 4
    1999£34,192 £444 13
    1998£26,745 £394 10
    1997£31,530 £509 5
    1996£23,080 £392 5
    1995£18,500 £99 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£274,975 £2,457 2
    2022£194,143 £2,058 7
    2021£245,000 £1,914 1
    2020£185,000 £1,425 2
    2019£148,250 £1,808 1
    2018£147,500 £1,536 2
    2017£154,200 £1,660 5
    2016£153,900 £1,680 4
    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£165,600 £1,608 5
    2010£153,500 £1,809 2
    2007£182,416 £1,826 6
    2006£177,416 £1,978 6
    2005£163,500 £2,153 4
    2004£132,800 £1,565 5
    2003£103,612 £1,379 4
    2002£88,316 £983 6
    2001£75,408 £928 6
    2000£71,267 £703 9
    1999£59,272 £645 9
    1998£86,287 £774 14
    1997£65,386 £755 14
    1996£57,611 £811 4
    1995£77,488 £698 8
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£64,833 £1,013 3
    2022£64,333 £1,023 3
    2021£45,000 £938 1
    2018£47,250 £912 2
    2017£61,000 £616 1
    2016£59,000 £584 1
    2015£45,000 £696 1
    2014£57,500 £772 2
    2013£30,000 £625 1
    2012£60,500 £602 1
    2011£65,000 £879 1
    2009£27,000 £422 1
    2008£45,750 £1,000 2
    2007£80,167 £1,338 6
    2006£71,000 £1,028 3
    2005£84,0001
    2004£60,333 £777 3
    2003£41,360 £784 5
    2002£32,700 £537 5
    2001£29,000 £527 1
    2000£14,825 £219 2
    1999£18,0002
    1997£29,000 £392 1
    1995£29,500 £537 1

    House Type in NE62 5RE area

    The most common house types in the NE62 5RE postcode area are Semi-detached (72), Terraced (29), and Detached (16).

    Total123
    Semi-detached72
    Terraced29
    Detached16
    Flat4
    Shared house2
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Private rented: Private landlord or letting agency (27).

    Owned: Owns outright48
    Private rented: Private landlord or letting agency27
    Social rented: Rents from council or Local Authority21
    Owned: Owns with a mortgage or loan14
    Social rented: Other social rented11
    Private rented: Other private rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE62 5RE have 2 people in household (59), and 1 person in household (40).

    2 people in household59
    1 person in household40
    3 people in household13
    4 people in household7
    5 people in household3
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0