Welbeck Road - NE62 5PB
Key Postcode Insights
NE62 5PB is a residential postcode situated on Welbeck Road, Choppington, NE62 with 16 addresses.
It ranks as the 448th largest and 136th 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 16 properties: 16 houses.
- Ave. Sale Price
- £92,042
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £637pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £121/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
NE62 5PB is a residential postcode situated on Welbeck Road, Choppington, NE62 with 16 addresses.
It ranks as the 448th largest and 136th 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 16 properties: 16 houses.
- Ave. Sale Price
- £92,042
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £637pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £121/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin NE62 5PB
- 50 Welbeck Road
3 Bed Mid-century House
- 52 Welbeck Road
Unknown
- 53 Welbeck Road
3 Bed Mid-century House
- 54 Welbeck Road
3 Bed Mid-century House
- 55 Welbeck Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NE62 5PB sold for £87,500 on 20th February 2026. Since then prices are up an average of 3.5%.
The current average value in the postcode is £92,042.
The NE62 5PB Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £92,042 |
| June 2025 | 3% | £87,319 |
| June 2024 | 0.4% | £84,797 |
| June 2023 | 5.7% | £84,435 |
| June 2022 | 8.7% | £79,914 |
| June 2021 | 8% | £73,495 |
| June 2020 | 3.8% | £68,082 |
| June 2019 | -0.3% | £65,584 |
| June 2018 | 1.7% | £65,772 |
| June 2017 | 2.1% | £64,658 |
| June 2016 | -0.7% | £63,324 |
| June 2015 | 1.5% | £63,781 |
| June 2014 | 3.5% | £62,866 |
| June 2013 | 1.2% | £60,758 |
| June 2012 | -1.5% | £60,039 |
| June 2011 | -5.2% | £60,957 |
| June 2010 | 0.8% | £64,290 |
| June 2009 | -13.7% | £63,793 |
| June 2008 | -3.7% | £73,931 |
| June 2007 | 0% | £76,795 |
Rental Market Trends
The current average rental value in the postcode is £637.
The NE62 5PB Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £637pcm |
| June 2025 | 6.5% | £608pcm |
| June 2024 | 10.4% | £570pcm |
| June 2023 | 7.5% | £517pcm |
| June 2022 | 10.6% | £481pcm |
| June 2021 | 9.1% | £434pcm |
| June 2020 | -0.2% | £398pcm |
| June 2019 | 0.4% | £399pcm |
| June 2018 | 1.9% | £397pcm |
| June 2017 | 0.6% | £390pcm |
| June 2016 | 2% | £388pcm |
| June 2015 | 0.2% | £380pcm |
| June 2014 | 2.7% | £380pcm |
| June 2013 | -0.9% | £370pcm |
| June 2012 | 0.5% | £373pcm |
| June 2011 | -1.2% | £371pcm |
| June 2010 | 1.5% | £375pcm |
| June 2009 | -7.8% | £370pcm |
| June 2008 | 2.1% | £401pcm |
| June 2007 | 0% | £393pcm |
Sales History
The last sale was on 20th February 2026 for £87,500 and since then the market in the area has increased by 3.5%. The postcode has had a total of 9 sales since 1995.
NE62 5PB has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£87,500 | 3 Bed House53, Welbeck Road, Choppington, NE62 5PB53, Welbeck Road, Choppington, NE62 5PB
- Sold Nov 2025£90,000 | 3 Bed House64, Welbeck Road, Choppington, NE62 5PB64, Welbeck Road, Choppington, NE62 5PB
- Sold Jul 2021£67,000 | 3 Bed House53, Welbeck Road, Choppington, NE62 5PB53, Welbeck Road, Choppington, NE62 5PB
- Sold Oct 2020£105,000 | 3 Bed House50, Welbeck Road, Choppington, NE62 5PB50, Welbeck Road, Choppington, NE62 5PB
- Sold Jun 2016£70,000 | 3 Bed House64, Welbeck Road, Choppington, NE62 5PB64, Welbeck Road, Choppington, NE62 5PB
Nearby Postcodes
NE62 5PB is the 448th largest and the 136th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5PN, Pine Avenue, Choppington, NE62NE62 5PN11 Addresses|58 m away
- NE62 5PW, Riverside Avenue, Choppington, NE62NE62 5PW17 Addresses|79 m away
- NE62 5PF, Central Avenue, Choppington, NE62NE62 5PF21 Addresses|79 m away
- NE62 5PD, North Avenue, Choppington, NE62NE62 5PD21 Addresses|80 m away
- NE62 5PL, West Avenue, Choppington, NE62NE62 5PL29 Addresses|104 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (8)
- early-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (7)
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 School900 m away
- Choppington Primary School1.1 km away
- Ringway Primary School1.2 km away
- Ashington Academy2.7 km away
- St Benet Biscop Catholic Academy3.1 km away
- Bedlington Academy3.8 km away
More reading links
Public Transport Nearby
The closest station to NE62 5PB is Pegswood station, which is 2.9 kilometres away.
- Pegswood|2.9 km away
- Bedlington|3.4 km away
- Ashington|3.4 km away
- Morpeth|4.7 km away
