NE62 5HL is a residential postcode situated on Stakeford Terrace, Choppington, NE62 with 2 addresses.
It ranks as the 55th largest and 396th most expensive of the 779 postcodes in the NE62 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
NE62 5HL is a residential postcode situated on Stakeford Terrace, Choppington, NE62 with 2 addresses.
It ranks as the 55th largest and 396th most expensive of the 779 postcodes in the NE62 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £135,170 for 3 bedroom freehold houses with a garden (828 ft2) to £145,137 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £921 pcm for 3 bed houses to £926 pcm for 3 bed houses.
The gross rental yield is between 7.7% and 8.2%.
The average value per square foot is £154.
The last sale in NE62 5HL sold for £127,000 on 21st September 2007. Since then prices are up an average of 17.5%.
The current average value in the postcode is £140,154.
The NE62 5HL Sales Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £140,154 |
| April 2025 | 2.5% | £134,615 |
| April 2024 | 0.7% | £131,278 |
| April 2023 | 5.8% | £130,380 |
| April 2022 | 8.9% | £123,247 |
| April 2021 | 7.1% | £113,126 |
| April 2020 | 4.5% | £105,616 |
| April 2019 | -0.2% | £101,077 |
| April 2018 | 1% | £101,252 |
| April 2017 | 1.8% | £100,265 |
| April 2016 | 0.1% | £98,523 |
| April 2015 | 1.5% | £98,455 |
| April 2014 | 4.3% | £96,971 |
| April 2013 | 1.4% | £92,934 |
| April 2012 | -1.8% | £91,632 |
| April 2011 | -5.1% | £93,283 |
| April 2010 | -1.1% | £98,322 |
| April 2009 | -15.4% | £99,465 |
| April 2008 | 0.4% | £117,547 |
| April 2007 | 0% | £117,049 |
The current average rental value in the postcode is £924.
The NE62 5HL Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £924pcm |
| April 2025 | 8.6% | £875pcm |
| April 2024 | 8.6% | £806pcm |
| April 2023 | 7.1% | £742pcm |
| April 2022 | 9.4% | £693pcm |
| April 2021 | 6.5% | £633pcm |
| April 2020 | 1.6% | £595pcm |
| April 2019 | -0.2% | £585pcm |
| April 2018 | 1.3% | £586pcm |
| April 2017 | 0.7% | £579pcm |
| April 2016 | 1.4% | £575pcm |
| April 2015 | 1% | £567pcm |
| April 2014 | 0.8% | £561pcm |
| April 2013 | 1% | £557pcm |
| April 2012 | 0.9% | £551pcm |
| April 2011 | -0.5% | £547pcm |
| April 2010 | -1% | £549pcm |
| April 2009 | -5.7% | £554pcm |
| April 2008 | 2.9% | £588pcm |
| April 2007 | 0% | £572pcm |
The last sale was on 21st September 2007 for £127,000 and since then the market in the area has increased by 17.5%. The postcode has had a total of 1 sales since 1995.
NE62 5HL has seen no sales in the last three years and no sales in the last twelve months.
NE62 5HL is the 55th largest and the 396th most expensive postcode out of the 779 postcodes in the NE62 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE62 5HL, 35.0% of property is privately owned outright and 34.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE62 5HL, 15.9% of residents are recorded as possessing school level qualifications and 14.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE62 5HL, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE62 5HL, 2.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE62 5HL, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.