Sheepwash Bank - NE62 5LY
Key Postcode Insights
NE62 5LY is a residential postcode situated on Sheepwash Bank, Choppington, NE62 with 8 addresses.
It ranks as the 234th largest and 629th most expensive of the 781 postcodes in the NE62 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £208,467
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £1,132pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NE62 5LY is a residential postcode situated on Sheepwash Bank, Choppington, NE62 with 8 addresses.
It ranks as the 234th largest and 629th most expensive of the 781 postcodes in the NE62 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £208,467
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £1,132pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NE62 5LY
- 11 Sheepwash Bank
4 Bed Early-century House
- 13 Sheepwash Bank
4 Bed Early-century House
- 15 Sheepwash Bank
4 Bed Early-century House
- 17 Sheepwash Bank
Unknown
- 19 Sheepwash Bank
4 Bed Early-century House
Sales Market Trends
The last sale in NE62 5LY sold for £221,000 on 1st July 2025. Since then prices are up an average of 3.0%.
The current average value in the postcode is £208,467.
The NE62 5LY Sales Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £208,467 |
| June 2025 | 1.1% | £201,612 |
| June 2024 | 0.5% | £199,426 |
| June 2023 | 6.1% | £198,344 |
| June 2022 | 7.5% | £186,959 |
| June 2021 | 6.8% | £173,923 |
| June 2020 | 3.8% | £162,823 |
| June 2019 | -0.6% | £156,824 |
| June 2018 | 1.3% | £157,804 |
| June 2017 | 3.1% | £155,815 |
| June 2016 | -0.5% | £151,169 |
| June 2015 | 1.9% | £151,932 |
| June 2014 | 3.7% | £149,156 |
| June 2013 | 1.2% | £143,882 |
| June 2012 | -1.7% | £142,169 |
| June 2011 | -4.2% | £144,580 |
| June 2010 | 4.8% | £150,867 |
| June 2009 | -11.4% | £144,002 |
| June 2008 | -2.5% | £162,482 |
| June 2007 | 0% | £166,710 |
Rental Market Trends
The current average rental value in the postcode is £1,132.
The NE62 5LY Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,132pcm |
| June 2025 | 4.7% | £1,100pcm |
| June 2024 | 9.7% | £1,051pcm |
| June 2023 | 8.8% | £958pcm |
| June 2022 | 9.1% | £881pcm |
| June 2021 | 7.4% | £807pcm |
| June 2020 | -0.4% | £752pcm |
| June 2019 | 0.6% | £754pcm |
| June 2018 | 1.3% | £750pcm |
| June 2017 | 1.1% | £741pcm |
| June 2016 | 2.4% | £733pcm |
| June 2015 | 0.8% | £715pcm |
| June 2014 | 2.9% | £710pcm |
| June 2013 | -0.5% | £690pcm |
| June 2012 | 0.2% | £693pcm |
| June 2011 | 0.2% | £692pcm |
| June 2010 | 5.2% | £690pcm |
| June 2009 | -4.9% | £656pcm |
| June 2008 | 3.8% | £690pcm |
| June 2007 | 0% | £665pcm |
Sales History
The last sale was on 1st July 2025 for £221,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 9 sales since 1995.
NE62 5LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2025£221,000 | 4 Bed House19, Sheepwash Bank, Choppington, NE62 5LY19, Sheepwash Bank, Choppington, NE62 5LY
- Sold Feb 2022£165,000 | 4 Bed House23, Sheepwash Bank, Choppington, NE62 5LY23, Sheepwash Bank, Choppington, NE62 5LY
- Sold Mar 2018£40,000 | 4 Bed House11, Sheepwash Bank, Choppington, NE62 5LY11, Sheepwash Bank, Choppington, NE62 5LY
- Sold Dec 2013£196,450 | 5 Bed House21, Sheepwash Bank, Choppington, NE62 5LY21, Sheepwash Bank, Choppington, NE62 5LY
- Sold Dec 2012£90,000 | 4 Bed House15, Sheepwash Bank, Choppington, NE62 5LY15, Sheepwash Bank, Choppington, NE62 5LY
Nearby Postcodes
NE62 5LY is the 234th largest and the 629th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5NE, Fern Court, Guide Post, Choppington, NE62NE62 5NE12 Addresses|49 m away
- NE62 5NA, Sheepwash Bank, Choppington, NE62NE62 5NA3 Addresses|62 m away
- NE62 5DT, Rutherford Close, Choppington, NE62NE62 5DT22 Addresses|64 m away
- NE62 5LX, Sheepwash Bank, Choppington, NE62NE62 5LX14 Addresses|85 m away
- NE62 5LZ, Sheepwash Bank, Choppington, NE62NE62 5LZ14 Addresses|90 m away
Property Types
- 6 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- early-century house (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2025£221,000 | 4 Bed House19, Sheepwash Bank, Choppington, NE62 5LY19, Sheepwash Bank, Choppington, NE62 5LY
- Sold Dec 2013£196,450 | 5 Bed House21, Sheepwash Bank, Choppington, NE62 5LY21, Sheepwash Bank, Choppington, NE62 5LY
- Sold May 2018£175,000 | 4 Bed House27, Sheepwash Bank, Choppington, NE62 5NA27, Sheepwash Bank, Choppington, NE62 5NA
Schools Nearby
- Mowbray Primary School500 m away
- Ringway Primary School900 m away
- Choppington Primary School1.0 km away
- Ashington Academy2.4 km away
- St Benet Biscop Catholic Academy3.2 km away
- Bedlington Academy3.6 km away
More reading links
Public Transport Nearby
The closest station to NE62 5LY is Ashington station, which is 3.1 kilometres away.
- Ashington|3.1 km away
- Bedlington|3.2 km away
- Pegswood|3.2 km away
- Blyth Bebside|4.7 km away
