Fairway - NE62 5LB
Key Postcode Insights
NE62 5LB is a residential postcode situated on Fairway, Choppington, NE62 with 31 addresses.
It ranks as the 652nd largest and 432nd most expensive of the 781 postcodes in the NE62 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £152,793
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £932pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
NE62 5LB is a residential postcode situated on Fairway, Choppington, NE62 with 31 addresses.
It ranks as the 652nd largest and 432nd most expensive of the 781 postcodes in the NE62 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £152,793
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £932pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Sales Market Trends
The last sale in NE62 5LB sold for £140,000 on 28th November 2025. Since then prices are up an average of 1.3%.
The current average value in the postcode is £152,793.
The NE62 5LB Sales Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £152,793 |
| June 2025 | 1.2% | £147,798 |
| June 2024 | 2.3% | £146,114 |
| June 2023 | 4.4% | £142,893 |
| June 2022 | 8.1% | £136,878 |
| June 2021 | 7.7% | £126,614 |
| June 2020 | 4.3% | £117,526 |
| June 2019 | -1.5% | £112,670 |
| June 2018 | 1.7% | £114,402 |
| June 2017 | 3.7% | £112,494 |
| June 2016 | -0.7% | £108,515 |
| June 2015 | 1.4% | £109,266 |
| June 2014 | 3.6% | £107,709 |
| June 2013 | 0.3% | £104,007 |
| June 2012 | -1.2% | £103,698 |
| June 2011 | -4.8% | £104,979 |
| June 2010 | 5.4% | £110,312 |
| June 2009 | -12% | £104,670 |
| June 2008 | -3.3% | £119,007 |
| June 2007 | 0% | £123,036 |
Rental Market Trends
The current average rental value in the postcode is £932.
The NE62 5LB Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £932pcm |
| June 2025 | 4.8% | £905pcm |
| June 2024 | 9.8% | £863pcm |
| June 2023 | 8.7% | £786pcm |
| June 2022 | 9.3% | £724pcm |
| June 2021 | 7.4% | £662pcm |
| June 2020 | -0.3% | £616pcm |
| June 2019 | 0.5% | £618pcm |
| June 2018 | 1.3% | £615pcm |
| June 2017 | 1.1% | £607pcm |
| June 2016 | 2.3% | £601pcm |
| June 2015 | 0.7% | £587pcm |
| June 2014 | 2.9% | £582pcm |
| June 2013 | -0.5% | £566pcm |
| June 2012 | 0.2% | £569pcm |
| June 2011 | 0.1% | £568pcm |
| June 2010 | 4.9% | £567pcm |
| June 2009 | -5.1% | £540pcm |
| June 2008 | 3.7% | £570pcm |
| June 2007 | 0% | £549pcm |
Sales History
The last sale was on 28th November 2025 for £140,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 25 sales since 1995.
NE62 5LB has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold Nov 2025£140,000 | 3 Bed House12, Fairway, Choppington, NE62 5LB12, Fairway, Choppington, NE62 5LB
- Sold Nov 2025£140,000 | 3 Bed House12, Fairway, Choppington, NE62 5LB12, Fairway, Choppington, NE62 5LB
- Sold Sep 2025£153,000 | 3 Bed House8, Fairway, Choppington, NE62 5LB8, Fairway, Choppington, NE62 5LB
- Sold Aug 2024£150,000 | 3 Bed House27, Fairway, Choppington, NE62 5LB27, Fairway, Choppington, NE62 5LB
- Sold May 2024£141,000 | 3 Bed House15, Fairway, Choppington, NE62 5LB15, Fairway, Choppington, NE62 5LB
Nearby Postcodes
NE62 5LB is the 652nd largest and the 432nd most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5AP, Beechwood Avenue, Choppington, NE62NE62 5AP35 Addresses|48 m away
- NE62 5LD, Linden Close, Choppington, NE62NE62 5LD16 Addresses|74 m away
- NE62 5LA, Crossfell Gardens, Choppington, NE62NE62 5LA24 Addresses|86 m away
- NE62 5EY, Wansbeck Avenue, Choppington, NE62NE62 5EY3 Addresses|104 m away
- NE62 5AT, Heatherlea Gardens, Choppington, NE62NE62 5AT13 Addresses|109 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 19 other addresses of unknown type
- mid-century house (12)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (6)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Nov 2018£193,000 | 5 Bed House38, Fairway, Choppington, NE62 5LH38, Fairway, Choppington, NE62 5LH
- Sold Sep 2024£190,000 | 4 Bed House81, Fairway, Choppington, NE62 5LH81, Fairway, Choppington, NE62 5LH
- Sold Jan 2008£184,000 | 3 Bed House36, Fairway, Choppington, NE62 5LH36, Fairway, Choppington, NE62 5LH
Schools Nearby
- Ringway Primary School500 m away
- Mowbray Primary School500 m away
- Stakeford Primary School900 m away
- Ashington Academy1.6 km away
- NCEA Duke's Secondary School3.1 km away
- Bedlington Academy3.4 km away
More reading links
Public Transport Nearby
The closest station to NE62 5LB is Ashington station, which is 2.3 kilometres away.
- Ashington|2.3 km away
- Bedlington|3.0 km away
- Pegswood|3.8 km away
- Blyth Bebside|4.6 km away
