Sheepwash Bank - NE62 5LZ
Key Postcode Insights
NE62 5LZ is a residential postcode situated on Sheepwash Bank, Choppington, NE62 with 14 addresses.
It ranks as the 402nd largest and 263rd 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 14 properties: 14 houses.
- Ave. Sale Price
- £115,653
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £791pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Postcode Insights
NE62 5LZ is a residential postcode situated on Sheepwash Bank, Choppington, NE62 with 14 addresses.
It ranks as the 402nd largest and 263rd 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 14 properties: 14 houses.
- Ave. Sale Price
- £115,653
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £791pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertiesin NE62 5LZ
- 30 Sheepwash Bank
4 Bed Early-century House
- 32 Sheepwash Bank
3 Bed Early-century House
- 34 Sheepwash Bank
3 Bed Early-century House
- 36 Sheepwash Bank
3 Bed Early-century House
- 38 Sheepwash Bank
3 Bed Mid-century House
Sales Market Trends
The last sale in NE62 5LZ sold for £60,000 on 5th April 2024. Since then prices are up an average of 9.0%.
The current average value in the postcode is £115,653.
The NE62 5LZ Sales Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £115,653 |
| June 2025 | 2% | £110,840 |
| June 2024 | 0% | £108,686 |
| June 2023 | 6.4% | £108,637 |
| June 2022 | 7.9% | £102,128 |
| June 2021 | 7% | £94,640 |
| June 2020 | 3.7% | £88,443 |
| June 2019 | -0.2% | £85,297 |
| June 2018 | 1.4% | £85,456 |
| June 2017 | 2.4% | £84,308 |
| June 2016 | -0.5% | £82,309 |
| June 2015 | 1.8% | £82,719 |
| June 2014 | 3.6% | £81,253 |
| June 2013 | 1.4% | £78,430 |
| June 2012 | -1.7% | £77,323 |
| June 2011 | -4.4% | £78,659 |
| June 2010 | 2.7% | £82,321 |
| June 2009 | -12.3% | £80,128 |
| June 2008 | -2.8% | £91,340 |
| June 2007 | 0% | £94,016 |
Rental Market Trends
The current average rental value in the postcode is £791.
The NE62 5LZ Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £791pcm |
| June 2025 | 5.5% | £763pcm |
| June 2024 | 10% | £723pcm |
| June 2023 | 8.2% | £657pcm |
| June 2022 | 9.8% | £607pcm |
| June 2021 | 8.1% | £553pcm |
| June 2020 | -0.3% | £511pcm |
| June 2019 | 0.5% | £513pcm |
| June 2018 | 1.5% | £510pcm |
| June 2017 | 0.9% | £503pcm |
| June 2016 | 2.2% | £498pcm |
| June 2015 | 0.5% | £487pcm |
| June 2014 | 2.8% | £485pcm |
| June 2013 | -0.6% | £472pcm |
| June 2012 | 0.3% | £475pcm |
| June 2011 | -0.4% | £473pcm |
| June 2010 | 3.5% | £475pcm |
| June 2009 | -6.3% | £459pcm |
| June 2008 | 3% | £490pcm |
| June 2007 | 0% | £475pcm |
Sales History
The last sale was on 5th April 2024 for £60,000 and since then the market in the area has increased by 9.0%. The postcode has had a total of 12 sales since 1995.
NE62 5LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£60,000 | 4 Bed House30, Sheepwash Bank, Choppington, NE62 5LZ30, Sheepwash Bank, Choppington, NE62 5LZ
- Sold Mar 2022£112,000 | 4 Bed House30, Sheepwash Bank, Choppington, NE62 5LZ30, Sheepwash Bank, Choppington, NE62 5LZ
- Sold Sep 2021£96,500 | 3 Bed House38, Sheepwash Bank, Choppington, NE62 5LZ38, Sheepwash Bank, Choppington, NE62 5LZ
- Sold Nov 2020£85,500 | 3 Bed House52, Sheepwash Bank, Choppington, NE62 5LZ52, Sheepwash Bank, Choppington, NE62 5LZ
- Sold Sep 2019£110,000 | 4 Bed House30, Sheepwash Bank, Choppington, NE62 5LZ30, Sheepwash Bank, Choppington, NE62 5LZ
Nearby Postcodes
NE62 5LZ is the 402nd largest and the 263rd most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5NA, Sheepwash Bank, Choppington, NE62NE62 5NA3 Addresses|44 m away
- NE62 5NH, Welbeck Road, Choppington, NE62NE62 5NH36 Addresses|54 m away
- NE62 5LW, The Sycamores, Guide Post, Choppington, NE62NE62 5LW16 Addresses|56 m away
- NE62 5NL, Dene Road, Choppington, NE62NE62 5NL22 Addresses|67 m away
- NE62 5LY, Sheepwash Bank, Choppington, NE62NE62 5LY8 Addresses|90 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 11 early-century houses built between 1912 and 1935
- mid-century house (2)
- house (1)
- early-century house (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (7)
- No EPC (1)
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 School1.1 km away
- Ashington Academy2.3 km away
- St Benet Biscop Catholic Academy3.3 km away
- Bedlington Academy3.7 km away
More reading links
Public Transport Nearby
The closest station to NE62 5LZ is Ashington station, which is 3.0 kilometres away.
- Ashington|3.0 km away
- Pegswood|3.1 km away
- Bedlington|3.3 km away
- Blyth Bebside|4.8 km away
