NE62 5HW is a residential postcode situated on Nelson Road, Choppington, NE62 with 20 addresses.
It ranks as the 519th largest and 147th most expensive of the 779 postcodes in the NE62 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 20 properties: 20 houses.
NE62 5HW is a residential postcode situated on Nelson Road, Choppington, NE62 with 20 addresses.
It ranks as the 519th largest and 147th most expensive of the 779 postcodes in the NE62 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 20 properties: 20 houses.
Sale prices range from £83,370 for 3 bedroom freehold houses with a garden (753 ft2) to £117,774 for 3 bedroom freehold houses with a garden (914 ft2) .
Monthly rental prices range from £591 pcm for 3 bed houses to £787 pcm for 3 bed houses.
The gross rental yield is between 8.0% and 8.5%.
The average value per square foot is £109.
The last sale in NE62 5HW sold for £76,000 on 25th February 2022. Since then prices are up an average of 38.4%.
The current average value in the postcode is £91,518.
The NE62 5HW Sales Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £91,518 |
| April 2025 | 2.5% | £87,901 |
| April 2024 | 0.7% | £85,722 |
| April 2023 | 5.8% | £85,136 |
| April 2022 | 8.9% | £80,478 |
| April 2021 | 7.1% | £73,869 |
| April 2020 | 4.5% | £68,965 |
| April 2019 | -0.2% | £66,001 |
| April 2018 | 1% | £66,116 |
| April 2017 | 1.8% | £65,471 |
| April 2016 | 0.1% | £64,334 |
| April 2015 | 1.5% | £64,289 |
| April 2014 | 4.3% | £63,320 |
| April 2013 | 1.4% | £60,684 |
| April 2012 | -1.8% | £59,834 |
| April 2011 | -5.1% | £60,912 |
| April 2010 | -1.1% | £64,202 |
| April 2009 | -15.4% | £64,949 |
| April 2008 | 0.4% | £76,756 |
| April 2007 | 0% | £76,431 |
The current average rental value in the postcode is £629.
The NE62 5HW Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £629pcm |
| April 2025 | 8.6% | £596pcm |
| April 2024 | 8.6% | £549pcm |
| April 2023 | 7.1% | £505pcm |
| April 2022 | 9.4% | £472pcm |
| April 2021 | 6.5% | £432pcm |
| April 2020 | 1.6% | £405pcm |
| April 2019 | -0.2% | £399pcm |
| April 2018 | 1.3% | £400pcm |
| April 2017 | 0.7% | £395pcm |
| April 2016 | 1.4% | £392pcm |
| April 2015 | 1% | £386pcm |
| April 2014 | 0.8% | £383pcm |
| April 2013 | 1% | £380pcm |
| April 2012 | 0.9% | £376pcm |
| April 2011 | -0.5% | £372pcm |
| April 2010 | -1% | £374pcm |
| April 2009 | -5.7% | £378pcm |
| April 2008 | 2.9% | £401pcm |
| April 2007 | 0% | £390pcm |
The last sale was on 25th February 2022 for £76,000 and since then the market in the area has increased by 38.4%. The postcode has had a total of 12 sales since 1995.
NE62 5HW has seen no sales in the last three years and no sales in the last twelve months.
NE62 5HW is the 519th largest and the 147th most expensive postcode out of the 779 postcodes in the NE62 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5HW, 39.6% of property is socially rented and 28.7% is privately rented.
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 5HW, 23.2% of residents are recorded as possessing school level qualifications and 13.3% 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 5HW, 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 5HW, 0.0% 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 5HW, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.