NE62 5NW is a residential postcode situated on Sheepwash Avenue, Choppington, NE62 with 23 addresses.
It ranks as the 570th largest and 185th 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 23 properties: 23 houses.
NE62 5NW is a residential postcode situated on Sheepwash Avenue, Choppington, NE62 with 23 addresses.
It ranks as the 570th largest and 185th 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 23 properties: 23 houses.
Sale prices range from £89,309 for 3 bedroom freehold houses with a garden (688 ft2) to £116,440 for 4 bedroom freehold houses with a garden (1,151 ft2) .
Monthly rental prices range from £648 pcm for 3 bed houses to £720 pcm for 4 bed houses.
The gross rental yield is between 7.4% and 8.7%.
The average value per square foot is £120.
The last sale in NE62 5NW sold for £26,950 on 12th July 2002. Since then prices are down an average of 0.0%.
The current average value in the postcode is £98,255.
The NE62 5NW Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £98,255 |
| April 2025 | 2.1% | £95,365 |
| April 2024 | 0.5% | £93,430 |
| April 2023 | 6.3% | £92,942 |
| April 2022 | 8.2% | £87,426 |
| April 2021 | 6.3% | £80,792 |
| April 2020 | 4.4% | £75,977 |
| April 2019 | 0% | £72,761 |
| April 2018 | 0.8% | £72,755 |
| April 2017 | 1.9% | £72,198 |
| April 2016 | 0.5% | £70,857 |
| April 2015 | 1.6% | £70,497 |
| April 2014 | 4.6% | £69,381 |
| April 2013 | 2% | £66,351 |
| April 2012 | -1.7% | £65,053 |
| April 2011 | -4.6% | £66,152 |
| April 2010 | 0.4% | £69,348 |
| April 2009 | -14.6% | £69,049 |
| April 2008 | 1.1% | £80,831 |
| April 2007 | 0% | £79,984 |
The current average rental value in the postcode is £676.
The NE62 5NW Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £676pcm |
| April 2025 | 7.9% | £647pcm |
| April 2024 | 8.4% | £600pcm |
| April 2023 | 7.7% | £553pcm |
| April 2022 | 8.7% | £514pcm |
| April 2021 | 6.1% | £473pcm |
| April 2020 | 1.5% | £445pcm |
| April 2019 | -0.1% | £439pcm |
| April 2018 | 1% | £439pcm |
| April 2017 | 1% | £435pcm |
| April 2016 | 1.7% | £431pcm |
| April 2015 | 1% | £423pcm |
| April 2014 | 1.1% | £419pcm |
| April 2013 | 1.6% | £415pcm |
| April 2012 | 1% | £408pcm |
| April 2011 | -0.1% | £404pcm |
| April 2010 | 0.6% | £404pcm |
| April 2009 | -5% | £402pcm |
| April 2008 | 3.3% | £423pcm |
| April 2007 | 0% | £409pcm |
The last sale was on 12th July 2002 for £26,950 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
NE62 5NW has seen no sales in the last three years and no sales in the last twelve months.
NE62 5NW is the 570th largest and the 185th most expensive postcode out of the 779 postcodes in the NE62 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 5NW, 45.0% of property is socially rented and 20.9% 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 5NW, 18.7% of residents are recorded as possessing school level qualifications and 13.7% 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 5NW, 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 5NW, 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 5NW, 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.