Housing Market Analysis for NE62 5RG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £25,000 with Total Sold: 2
    • The most recent sale happened at this postcode is NURSES COTTAGE: £120,000 (Sold on 18 Jun 2004)
    • The first recorded sale happened at this postcode is NURSES COTTAGE: £70,000 (Sold on 12 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5RG 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£120,0001
2003£70,0001

All the Sales in the NE62 5RG

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

AddressSold DatePrice% Change
NURSES COTTAGEDetached, Freehold18 Jun 2004£120,00071.43%
12 Feb 2003£70,000First Sale

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

NE62 5RG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £55,710 median price is £55,000 Standard Deviation is £29,964 with Total Sold: 149
    • The Last 5 Year average price is £76,738 with Total Sold: 20
    • 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 , 10 WINDSOR TERRACE: £6,800 (Sold on 22 May 1995)
  • Semi-Detached
    • The average price is around £71,020 median price is £60,000 Standard Deviation is £41,835 with Total Sold: 139
    • The Last 5 Year average price is £108,148 with Total Sold: 27
    • The most recent sale happened at this postcode is , 9 ACREFORD COURT: £165,000 (Sold on 15 Dec 2023)
    • 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 £127,628 median price is £103,150 Standard Deviation is £67,316 with Total Sold: 32
    • The Last 5 Year average price is £210,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , 8 ACREFORD COURT: £285,000 (Sold on 17 Nov 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 £47,423 median price is £45,000 Standard Deviation is £23,219 with Total Sold: 13
    • The Last 5 Year average price is £64,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 KINGS PARK: £83,000 (Sold on 14 Jun 2023)
    • The first recorded sale happened at this postcode is , 4 KINGS PARK: £29,000 (Sold on 22 Aug 1997)
  • Other
    • The average price is around £149,206 median price is £100,000 Standard Deviation is £122,329 with Total Sold: 7
    • The Last 5 Year average price is £149,206 with Total Sold: 7
    • The most recent sale happened at this postcode is , 7 KINGS PARK: £2,100 (Sold on 22 Sep 2022)
    • The first recorded sale happened at this postcode is , 44 KINGS PARK: £1,500 (Sold on 19 Jun 2020)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£40,000 £563 1
2023£85,500 £1,018 1
2022£60,750 £731 2
2021£88,958 £1,113 6
2020£63,700 £769 5
2019£87,100 £1,075 5
2018£79,500 £1,014 3
2017£58,750 £908 5
2016£88,975 £906 2
2015£44,975 £596 2
2014£48,000 £713 2
2013£56,988 £661 4
2012£67,000 £927 3
2010£66,000 £830 3
2009£65,0001
2008£92,833 £916 3
2007£90,540 £1,175 10
2006£83,817 £1,304 3
2005£80,543 £898 7
2004£65,562 £834 12
2003£48,266 £476 12
2002£40,565 £640 13
2001£41,665 £447 10
2000£16,500 £233 3
1999£34,341 £386 11
1998£23,219 £299 8
1997£26,202 £368 3
1996£24,280 £376 5
1995£13,950 £131 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£122,944 £1,553 9
2022£110,000 £1,439 6
2021£147,000 £1,647 4
2020£72,000 £1,039 4
2019£69,375 £1,364 4
2018£93,750 £803 2
2017£67,969 £750 8
2016£108,488 £1,238 4
2015£114,988 £843 4
2014£62,333 £935 6
2013£114,000 £929 2
2012£54,000 £983 2
2011£27,000 £452 1
2010£80,000 £1,191 1
2009£110,000 £1,341 1
2008£57,000 £762 4
2007£87,333 £800 3
2006£83,590 £1,461 5
2005£78,833 £1,484 3
2004£74,590 £1,156 5
2003£65,658 £1,289 5
2002£55,833 £591 13
2001£41,488 £553 4
2000£46,318 £539 14
1999£12,500 £306 2
1998£41,234 £482 8
1997£36,112 £491 4
1996£38,975 £414 2
1995£48,500 £568 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £2,457 1
2022£181,500 £1,310 2
2021£245,000 £1,914 1
2020£185,000 £1,425 2
2017£167,000 £1,193 1
2013£167,000 £1,120 1
2011£156,000 £1,214 2
2007£225,000 £1,751 1
2006£244,000 £2,905 1
2005£220,000 £2,619 1
2004£115,000 £1,325 3
2003£70,0001
2000£66,0001
1999£60,150 £504 3
1998£87,125 £426 2
1997£49,5002
1996£59,9501
1995£81,908 £698 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£83,000 £1,122 1
2021£45,000 £938 1
2018£40,000 £833 1
2013£30,000 £625 1
2011£65,000 £879 1
2008£26,5001
2007£57,000 £1,188 1
2006£83,000 £1,122 1
2004£75,000 £1,014 1
2002£53,000 £716 1
2000£10,500 £219 1
1999£19,5001
1997£29,000 £392 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,1001
2021£213,613 £1,636 3
2020£133,833 £25 3

House Type in NE62 5RG area

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