Welbeck Road - NE62 5PA
Key Postcode Insights
NE62 5PA is a residential postcode situated on Welbeck Road, Choppington, NE62 with 10 addresses.
It ranks as the 299th largest and 213th 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 10 properties: 10 houses.
- Ave. Sale Price
- £105,539
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £728pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
NE62 5PA is a residential postcode situated on Welbeck Road, Choppington, NE62 with 10 addresses.
It ranks as the 299th largest and 213th 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 10 properties: 10 houses.
- Ave. Sale Price
- £105,539
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £728pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin NE62 5PA
- 33 Welbeck Road
Unknown
- 35 Welbeck Road
Unknown
- 37 Welbeck Road
Unknown
- 39 Welbeck Road
3 Bed Early-century House
- 41 Welbeck Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NE62 5PA sold for £126,000 on 16th February 2023. Since then prices are up an average of 11.3%.
The current average value in the postcode is £105,539.
The NE62 5PA Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £105,539 |
| June 2025 | 3% | £100,124 |
| June 2024 | 0.4% | £97,231 |
| June 2023 | 5.7% | £96,817 |
| June 2022 | 8.7% | £91,633 |
| June 2021 | 8% | £84,272 |
| June 2020 | 3.8% | £78,066 |
| June 2019 | -0.3% | £75,201 |
| June 2018 | 1.7% | £75,417 |
| June 2017 | 2.1% | £74,139 |
| June 2016 | -0.7% | £72,609 |
| June 2015 | 1.5% | £73,134 |
| June 2014 | 3.5% | £72,084 |
| June 2013 | 1.2% | £69,668 |
| June 2012 | -1.5% | £68,843 |
| June 2011 | -5.2% | £69,895 |
| June 2010 | 0.8% | £73,718 |
| June 2009 | -13.7% | £73,148 |
| June 2008 | -3.7% | £84,772 |
| June 2007 | 0% | £88,056 |
Rental Market Trends
The current average rental value in the postcode is £728.
The NE62 5PA Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £728pcm |
| June 2025 | 6.5% | £694pcm |
| June 2024 | 10.4% | £652pcm |
| June 2023 | 7.5% | £590pcm |
| June 2022 | 10.6% | £549pcm |
| June 2021 | 9.1% | £496pcm |
| June 2020 | -0.2% | £455pcm |
| June 2019 | 0.4% | £456pcm |
| June 2018 | 1.9% | £454pcm |
| June 2017 | 0.6% | £445pcm |
| June 2016 | 2% | £443pcm |
| June 2015 | 0.2% | £434pcm |
| June 2014 | 2.7% | £434pcm |
| June 2013 | -0.9% | £422pcm |
| June 2012 | 0.5% | £426pcm |
| June 2011 | -1.2% | £424pcm |
| June 2010 | 1.5% | £429pcm |
| June 2009 | -7.8% | £422pcm |
| June 2008 | 2.1% | £458pcm |
| June 2007 | 0% | £449pcm |
Sales History
The last sale was on 16th February 2023 for £126,000 and since then the market in the area has increased by 11.3%. The postcode has had a total of 10 sales since 1995.
NE62 5PA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£126,000 | 3 Bed House51, Welbeck Road, Choppington, NE62 5PA51, Welbeck Road, Choppington, NE62 5PA
- Sold Jun 2022£75,000 | 3 Bed House45, Welbeck Road, Choppington, NE62 5PA45, Welbeck Road, Choppington, NE62 5PA
- Sold Aug 2018£89,000 | 3 Bed House51, Welbeck Road, Choppington, NE62 5PA51, Welbeck Road, Choppington, NE62 5PA
- Sold Dec 2017£62,000 | 3 Bed House45, Welbeck Road, Choppington, NE62 5PA45, Welbeck Road, Choppington, NE62 5PA
- Sold Sep 2013£70,000 | 3 Bed House51, Welbeck Road, Choppington, NE62 5PA51, Welbeck Road, Choppington, NE62 5PA
Nearby Postcodes
NE62 5PA is the 299th largest and the 213th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5NZ, Sycamore Avenue, Guide Post, Choppington, NE62NE62 5NZ5 Addresses|62 m away
- NE62 5PD, North Avenue, Choppington, NE62NE62 5PD21 Addresses|64 m away
- NE62 5PB, Welbeck Road, Choppington, NE62NE62 5PB16 Addresses|104 m away
- NE62 5PW, Riverside Avenue, Choppington, NE62NE62 5PW17 Addresses|107 m away
- NE62 5NY, Sycamore Avenue, Guide Post, Choppington, NE62NE62 5NY2 Addresses|108 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (3)
- early-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Feb 2023£126,000 | 3 Bed House51, Welbeck Road, Choppington, NE62 5PA51, Welbeck Road, Choppington, NE62 5PA
- Sold Oct 2020£105,000 | 3 Bed House50, Welbeck Road, Choppington, NE62 5PB50, Welbeck Road, Choppington, NE62 5PB
- Sold Jul 2021£105,000 | 3 Bed House2, Welbeck Road, Choppington, NE62 5NH2, Welbeck Road, Choppington, NE62 5NH
Schools Nearby
- Mowbray Primary School800 m away
- Ringway Primary School1.1 km away
- Choppington Primary School1.1 km away
- Ashington Academy2.6 km away
- St Benet Biscop Catholic Academy3.2 km away
- Bedlington Academy3.8 km away
More reading links
Public Transport Nearby
The closest station to NE62 5PA is Pegswood station, which is 3.0 kilometres away.
- Pegswood|3.0 km away
- Ashington|3.3 km away
- Bedlington|3.4 km away
- Morpeth|4.8 km away
