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NE45 5QG
Home, House Prices, Milkwell Lane, Northumberland, North East
NE45 5QG

Milkwell Lane - NE45 5QG

Last updated Aug 2026

Key Postcode Insights

NE45 5QG is a residential postcode situated on Milkwell Lane, Corbridge, NE45 with 4 addresses.

It ranks as the 454th largest of the 817 postcodes in the NE45 area.

The postcode contains a total of 4 properties: 2 houses and 2 other properties.

Ave. Sale Price
£699,744
10 Year change
up 31.0%
Ave. Rental Price
£1,936pcm
10 Year change
up 49.0%
Ave. £ per ft²
£323/ft²
Ave. Gross Yield
3.3%/year/yr
All figures are subject to T&Cs
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Explore Properties in NE45 5QG

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Sales Market Trends

The last sale in NE45 5QG sold for £570,000 on 6th July 2018. Since then prices are up an average of 25.5%.

The current average value in the postcode is £699,744.
The NE45 5QG Sales Market has increased by 31.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20261.1%£699,744
June 20250.9%£692,240
June 20242.8%£685,808
June 20232.8%£667,063
June 20226.6%£648,999
June 20216.4%£608,998
June 20200.6%£572,401
June 20192.4%£568,767
June 2018-0.6%£555,276
June 20174.5%£558,434
June 20162.8%£534,196
June 20151.3%£519,427
June 20140.9%£512,877
June 20130.6%£508,198
June 2012-0.6%£505,028
June 20111%£507,925
June 20101.5%£503,137
June 2009-6%£495,637
June 20081.7%£527,503
June 20070%£518,765
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Rental Market Trends

The current average rental value in the postcode is £1,936.
The NE45 5QG Rental Market has increased by 49.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20261.1%£1,936pcm
June 20252.7%£1,915pcm
June 20246.9%£1,865pcm
June 20238.6%£1,744pcm
June 202211.1%£1,606pcm
June 20214.9%£1,445pcm
June 20203%£1,378pcm
June 20191.1%£1,339pcm
June 20181.1%£1,324pcm
June 20170.8%£1,310pcm
June 20164.4%£1,299pcm
June 20150.4%£1,245pcm
June 20140.7%£1,240pcm
June 20130.5%£1,232pcm
June 2012-0.3%£1,226pcm
June 20112%£1,230pcm
June 20104.4%£1,205pcm
June 2009-2.1%£1,155pcm
June 20086.8%£1,179pcm
June 20070%£1,104pcm
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Sales History

The last recorded sale was on 6th July 2018 for £570,000 and since then the market in the area has increased by 25.5%.

NE45 5QG has had 3 sales since 1995, none of them in the last three years.

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Nearby Postcodes

NE45 5QG is the 454th largest and the 766th most expensive postcode out of the 817 postcodes in the NE45 area.

Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
  • The most common rating is D.
  • A (0)
  • E (1)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (1)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to NE45 5QG is Corbridge (VA) Church of England First School, which is 200 metres away.
  • Corbridge (VA) Church of England First School
    200 m away
  • Beaufront First School
    3.8 km away
  • Broomhaugh (VA) Church of England First School
    4.4 km away
The nearest secondary school is Queen Elizabeth High School, which is 6.8 kilometres away.
  • Queen Elizabeth High School
    6.8 km away
  • Prudhoe Community High School
    10.6 km away
  • Thorp Academy
    15.1 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to NE45 5QG is Corbridge station, which is 1.5 kilometres away.

  • Corbridge
    |
    1.5 km away
  • Riding Mill
    |
    4.3 km away
  • Hexham
    |
    5.3 km away
  • Stocksfield
    |
    7.0 km away
Source: National Rail
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