Housing Market Analysis for NE62 5TR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NE62 5TR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £62,040 median price is £53,750 Standard Deviation is £31,356 with Total Sold: 88
      • The Last 5 Year average price is £61,922 with Total Sold: 29
      • The most recent sale happened at this postcode is , 26 OSIER COURT: £103,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 2A HARRINGTON GARDENS: £18,000 (Sold on 18 Dec 1998)
    • Semi-Detached
      • The average price is around £78,584 median price is £79,000 Standard Deviation is £36,508 with Total Sold: 291
      • The Last 5 Year average price is £110,143 with Total Sold: 48
      • The most recent sale happened at this postcode is , 44 STAKEFORD CRESCENT: £70,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 15 ORD TERRACE: £14,000 (Sold on 30 Jun 1995)
    • Terraced
      • The average price is around £64,846 median price is £65,000 Standard Deviation is £33,508 with Total Sold: 468
      • The Last 5 Year average price is £88,324 with Total Sold: 80
      • The most recent sale happened at this postcode is , 7 ELLESMERE GARDENS: £80,000 (Sold on 22 Aug 2024)
      • The first recorded sale happened at this postcode is , 1 WESTFORD ROAD: £32,000 (Sold on 24 Mar 1995)
    • Other
      • The average price is around £136,562 median price is £130,000 Standard Deviation is £117,027 with Total Sold: 9
      • The Last 5 Year average price is £137,383 with Total Sold: 8
      • The most recent sale happened at this postcode is , 25 OSIER COURT: £5,600 (Sold on 02 Aug 2024)
      • The first recorded sale happened at this postcode is , 3 NORTH CRESCENT: £130,000 (Sold on 29 Feb 2016)
    • Detached
      • The average price is around £157,555 median price is £152,500 Standard Deviation is £91,033 with Total Sold: 78
      • The Last 5 Year average price is £250,496 with Total Sold: 17
      • The most recent sale happened at this postcode is , 1 ENNIS CLOSE: £280,000 (Sold on 03 Apr 2024)
      • The first recorded sale happened at this postcode is , 4 EAST FORD ROAD: £75,000 (Sold on 08 Sep 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£103,0001
    2023£67,200 £1,040 5
    2022£62,458 £967 6
    2021£57,857 £1,012 7
    2020£55,833 £811 3
    2019£58,500 £916 7
    2018£57,000 £722 1
    2017£62,167 £960 3
    2016£37,000 £607 1
    2015£63,000 £922 2
    2014£51,333 £780 3
    2013£45,000 £763 1
    2010£62,250 £867 1
    2009£43,667 £693 3
    2008£64,333 £1,111 3
    2007£115,850 £1,568 7
    2006£83,008 £1,601 13
    2005£54,690 £886 5
    2004£69,225 £1,230 2
    2003£30,150 £548 4
    2002£42,000 £656 2
    2001£20,833 £273 3
    2000£23,250 £405 2
    1999£20,5001
    1998£18,000 £316 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£88,5002
    2023£123,000 £1,608 8
    2022£133,375 £1,561 8
    2021£97,257 £1,508 15
    2020£115,562 £1,192 8
    2019£96,500 £1,233 7
    2018£89,658 £1,223 6
    2017£96,632 £1,178 11
    2016£93,939 £1,196 9
    2015£81,995 £1,034 10
    2014£89,050 £991 5
    2013£84,500 £1,148 11
    2012£85,632 £1,021 11
    2011£68,488 £1,321 4
    2010£90,188 £897 8
    2009£95,600 £1,179 5
    2008£106,056 £1,352 9
    2007£110,297 £1,672 15
    2006£96,586 £1,211 18
    2005£86,644 £1,160 8
    2004£67,686 £981 16
    2003£74,154 £1,215 14
    2002£58,622 £737 18
    2001£40,190 £538 10
    2000£41,731 £689 8
    1999£35,790 £445 12
    1998£39,495 £657 10
    1997£33,544 £451 9
    1996£27,925 £404 10
    1995£27,733 £368 6
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£105,6676
    2023£84,791 £1,013 12
    2022£94,381 £1,006 13
    2021£88,178 £1,050 20
    2020£92,824 £971 17
    2019£70,492 £777 12
    2018£74,272 £928 16
    2017£84,354 £967 14
    2016£81,644 £1,069 17
    2015£89,677 £1,023 11
    2014£86,496 £907 12
    2013£71,036 £837 11
    2012£57,429 £842 7
    2011£83,845 £901 10
    2010£75,369 £1,011 10
    2009£74,285 £823 9
    2008£99,100 £1,213 10
    2007£90,880 £1,024 25
    2006£94,767 £1,122 23
    2005£81,250 £920 17
    2004£76,355 £926 18
    2003£56,446 £680 16
    2002£35,879 £437 34
    2001£35,889 £404 23
    2000£28,234 £285 29
    1999£34,188 £450 8
    1998£30,282 £376 21
    1997£30,292 £362 14
    1996£24,157 £297 20
    1995£21,092 £279 13
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£85,3002
    2023£10,5001
    2022£70,000 £745 1
    2021£130,0001
    2020£52,000 £347 1
    2019£332,9802
    2016£130,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£280,0001
    2023£242,500 £1,707 2
    2022£287,500 £2,061 6
    2021£252,500 £1,786 2
    2020£220,231 £1,649 4
    2019£191,250 £1,560 2
    2018£246,000 £1,359 2
    2017£197,333 £1,464 3
    2016£126,929 £1,246 7
    2015£230,467 £1,653 3
    2014£87,500 £920 2
    2009£176,000 £1,578 2
    2008£173,547 £1,976 4
    2007£227,000 £1,514 2
    2006£236,500 £1,459 2
    2005£183,333 £1,120 3
    2004£179,000 £1,364 2
    2003£89,937 £899 8
    2002£80,400 £471 5
    2001£73,500 £453 2
    2000£62,725 £404 2
    1999£79,615 £642 8
    1998£73,475 £609 2
    1996£58,0001
    1995£75,000 £728 1

    House Type in NE62 5TR area

    The most common house types in the NE62 5TR postcode area are Terraced (78), Detached (23), and Semi-detached (16).

    Total128
    Terraced78
    Detached23
    Semi-detached16
    Flat10
    Shared house1
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Social rented: Other social rented (27).

    Owned: Owns outright50
    Social rented: Other social rented27
    Owned: Owns with a mortgage or loan25
    Private rented: Private landlord or letting agency21
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE62 5TR have 2 people in household (51), and 1 person in household (46).

    2 people in household51
    1 person in household46
    3 people in household21
    4 people in household8
    5 people in household2
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0