Welbeck Road - NE62 5PH
Key Postcode Insights
NE62 5PH is a residential postcode situated on Welbeck Road, Choppington, NE62 with 11 addresses.
It ranks as the 321st largest and 150th 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 11 properties: 11 houses.
- Ave. Sale Price
- £91,181
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £646pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
NE62 5PH is a residential postcode situated on Welbeck Road, Choppington, NE62 with 11 addresses.
It ranks as the 321st largest and 150th 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 11 properties: 11 houses.
- Ave. Sale Price
- £91,181
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £646pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin NE62 5PH
- 65 Welbeck Road
Unknown
- 67 Welbeck Road
3 Bed Mid-century House
- 69 Welbeck Road
3 Bed Mid-century House
- 70 Welbeck Road
3 Bed Mid-century House
- 71 Welbeck Road
Unknown
Sales Market Trends
The last sale in NE62 5PH sold for £85,000 on 10th December 2024. Since then prices are up an average of 7.7%.
The current average value in the postcode is £91,181.
The NE62 5PH Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £91,181 |
| June 2025 | 3% | £86,503 |
| June 2024 | 0.4% | £84,004 |
| June 2023 | 5.7% | £83,646 |
| June 2022 | 8.7% | £79,167 |
| June 2021 | 8% | £72,808 |
| June 2020 | 3.8% | £67,445 |
| June 2019 | -0.3% | £64,970 |
| June 2018 | 1.7% | £65,157 |
| June 2017 | 2.1% | £64,053 |
| June 2016 | -0.7% | £62,732 |
| June 2015 | 1.5% | £63,185 |
| June 2014 | 3.5% | £62,278 |
| June 2013 | 1.2% | £60,190 |
| June 2012 | -1.5% | £59,478 |
| June 2011 | -5.2% | £60,387 |
| June 2010 | 0.8% | £63,689 |
| June 2009 | -13.7% | £63,197 |
| June 2008 | -3.7% | £73,239 |
| June 2007 | 0% | £76,077 |
Rental Market Trends
The current average rental value in the postcode is £646.
The NE62 5PH Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £646pcm |
| June 2025 | 6.5% | £617pcm |
| June 2024 | 10.4% | £579pcm |
| June 2023 | 7.5% | £524pcm |
| June 2022 | 10.6% | £488pcm |
| June 2021 | 9.1% | £441pcm |
| June 2020 | -0.2% | £404pcm |
| June 2019 | 0.4% | £405pcm |
| June 2018 | 1.9% | £403pcm |
| June 2017 | 0.6% | £396pcm |
| June 2016 | 2% | £393pcm |
| June 2015 | 0.2% | £386pcm |
| June 2014 | 2.7% | £385pcm |
| June 2013 | -0.9% | £375pcm |
| June 2012 | 0.5% | £378pcm |
| June 2011 | -1.2% | £376pcm |
| June 2010 | 1.5% | £381pcm |
| June 2009 | -7.8% | £375pcm |
| June 2008 | 2.1% | £407pcm |
| June 2007 | 0% | £398pcm |
Sales History
The last sale was on 10th December 2024 for £85,000 and since then the market in the area has increased by 7.7%. The postcode has had a total of 10 sales since 1995.
NE62 5PH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£85,000 | 3 Bed House67, Welbeck Road, Choppington, NE62 5PH67, Welbeck Road, Choppington, NE62 5PH
- Sold May 2021£80,000 | 3 Bed House76, Welbeck Road, Choppington, NE62 5PH76, Welbeck Road, Choppington, NE62 5PH
- Sold Feb 2021£68,500 | 3 Bed House67, Welbeck Road, Choppington, NE62 5PH67, Welbeck Road, Choppington, NE62 5PH
- Sold Nov 2019£65,000 | 3 Bed House76, Welbeck Road, Choppington, NE62 5PH76, Welbeck Road, Choppington, NE62 5PH
- Sold Nov 2013£41,000 | 3 Bed House77, Welbeck Road, Choppington, NE62 5PH77, Welbeck Road, Choppington, NE62 5PH
Nearby Postcodes
NE62 5PH is the 321st largest and the 150th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5PQ, South View, Guide Post, Choppington, NE62NE62 5PQ12 Addresses|46 m away
- NE62 5PG, Morpeth Road, Choppington, NE62NE62 5PG8 Addresses|58 m away
- NE62 5PN, Pine Avenue, Choppington, NE62NE62 5PN11 Addresses|70 m away
- NE62 5PF, Central Avenue, Choppington, NE62NE62 5PF21 Addresses|95 m away
- NE62 5NS, Sycamore Avenue, Guide Post, Choppington, NE62NE62 5NS16 Addresses|103 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (6)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (4)
- No EPC (4)
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 School1.0 km away
- Ringway Primary School1.3 km away
- Ashington Academy2.7 km away
- St Benet Biscop Catholic Academy3.0 km away
- Bedlington Academy3.7 km away
More reading links
Public Transport Nearby
The closest station to NE62 5PH is Pegswood station, which is 3.0 kilometres away.
- Pegswood|3.0 km away
- Bedlington|3.3 km away
- Ashington|3.5 km away
- Morpeth|4.7 km away
