Riverside Avenue - NE62 5PW
Key Postcode Insights
NE62 5PW is a residential postcode situated on Riverside Avenue, Choppington, NE62 with 17 addresses.
It ranks as the 464th largest and 146th 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 17 properties: 17 houses.
- Ave. Sale Price
- £92,890
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £649pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Key Postcode Insights
NE62 5PW is a residential postcode situated on Riverside Avenue, Choppington, NE62 with 17 addresses.
It ranks as the 464th largest and 146th 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 17 properties: 17 houses.
- Ave. Sale Price
- £92,890
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £649pcm
- 10 Year change
- up 64.3%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Explore Propertiesin NE62 5PW
- 1 Riverside Avenue
3 Bed Mid-century House
- 2 Riverside Avenue
3 Bed Early-century House
- 3 Riverside Avenue
3 Bed Early-century House
- 4 Riverside Avenue
Unknown
- 5 Riverside Avenue
Unknown
Sales Market Trends
The last sale in NE62 5PW sold for £77,500 on 30th June 2023. Since then prices are up an average of 9.0%.
The current average value in the postcode is £92,890.
The NE62 5PW Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £92,890 |
| June 2025 | 3% | £88,124 |
| June 2024 | 0.4% | £85,578 |
| June 2023 | 5.7% | £85,214 |
| June 2022 | 8.7% | £80,651 |
| June 2021 | 8% | £74,172 |
| June 2020 | 3.8% | £68,710 |
| June 2019 | -0.3% | £66,188 |
| June 2018 | 1.7% | £66,378 |
| June 2017 | 2.1% | £65,254 |
| June 2016 | -0.7% | £63,907 |
| June 2015 | 1.5% | £64,369 |
| June 2014 | 3.5% | £63,445 |
| June 2013 | 1.2% | £61,319 |
| June 2012 | -1.5% | £60,593 |
| June 2011 | -5.2% | £61,519 |
| June 2010 | 0.8% | £64,883 |
| June 2009 | -13.7% | £64,381 |
| June 2008 | -3.7% | £74,612 |
| June 2007 | 0% | £77,503 |
Rental Market Trends
The current average rental value in the postcode is £649.
The NE62 5PW Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £649pcm |
| June 2025 | 6.5% | £619pcm |
| June 2024 | 10.4% | £581pcm |
| June 2023 | 7.5% | £526pcm |
| June 2022 | 10.6% | £490pcm |
| June 2021 | 9.1% | £443pcm |
| June 2020 | -0.2% | £406pcm |
| June 2019 | 0.4% | £407pcm |
| June 2018 | 1.9% | £405pcm |
| June 2017 | 0.6% | £397pcm |
| June 2016 | 2% | £395pcm |
| June 2015 | 0.2% | £387pcm |
| June 2014 | 2.7% | £387pcm |
| June 2013 | -0.9% | £377pcm |
| June 2012 | 0.5% | £380pcm |
| June 2011 | -1.2% | £378pcm |
| June 2010 | 1.5% | £382pcm |
| June 2009 | -7.8% | £377pcm |
| June 2008 | 2.1% | £408pcm |
| June 2007 | 0% | £400pcm |
Sales History
The last sale was on 30th June 2023 for £77,500 and since then the market in the area has increased by 9.0%. The postcode has had a total of 9 sales since 1995.
NE62 5PW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£77,500 | 3 Bed House24, Riverside Avenue, Choppington, NE62 5PW24, Riverside Avenue, Choppington, NE62 5PW
- Sold Dec 2019£75,000 | 3 Bed House22, Riverside Avenue, Choppington, NE62 5PW22, Riverside Avenue, Choppington, NE62 5PW
- Sold Dec 2019£83,750 | 3 Bed House6, Riverside Avenue, Choppington, NE62 5PW6, Riverside Avenue, Choppington, NE62 5PW
- Sold Jun 2019£55,000 | 3 Bed House10, Riverside Avenue, Choppington, NE62 5PW10, Riverside Avenue, Choppington, NE62 5PW
- Sold Apr 2006£75,000 | 3 Bed House1, Riverside Avenue, Choppington, NE62 5PW1, Riverside Avenue, Choppington, NE62 5PW
Nearby Postcodes
NE62 5PW is the 464th largest and the 146th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5PB, Welbeck Road, Choppington, NE62NE62 5PB16 Addresses|79 m away
- NE62 5PA, Welbeck Road, Choppington, NE62NE62 5PA10 Addresses|107 m away
- NE62 5PN, Pine Avenue, Choppington, NE62NE62 5PN11 Addresses|113 m away
- NE62 5PD, North Avenue, Choppington, NE62NE62 5PD21 Addresses|128 m away
- NE62 5PL, West Avenue, Choppington, NE62NE62 5PL29 Addresses|128 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (9)
- early-century house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Feb 2022£115,000 | 3 Bed House29, Riverside Avenue, Choppington, NE62 5PP29, Riverside Avenue, Choppington, NE62 5PP
- Sold Jul 2017£103,000 | 4 Bed House26, Riverside Avenue, Choppington, NE62 5PP26, Riverside Avenue, Choppington, NE62 5PP
- Sold Dec 2006£102,000 | 3 Bed House64, Riverside Avenue, Choppington, NE62 5PP64, Riverside Avenue, Choppington, NE62 5PP
Schools Nearby
- Mowbray Primary School900 m away
- Choppington Primary School1.1 km away
- Ringway Primary School1.2 km away
- Ashington Academy2.6 km away
- St Benet Biscop Catholic Academy3.2 km away
- Bedlington Academy3.9 km away
More reading links
Public Transport Nearby
The closest station to NE62 5PW is Pegswood station, which is 2.9 kilometres away.
- Pegswood|2.9 km away
- Ashington|3.3 km away
- Bedlington|3.4 km away
- Morpeth|4.7 km away