Morpeth Road - NE62 5PZ
Key Postcode Insights
NE62 5PZ is a residential postcode situated on Morpeth Road, Choppington, NE62 with 2 addresses.
It ranks as the 60th largest and 676th 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 2 properties: 2 houses.
- Ave. Sale Price
- £249,930
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,395pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £132/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE62 5PZ is a residential postcode situated on Morpeth Road, Choppington, NE62 with 2 addresses.
It ranks as the 60th largest and 676th 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 2 properties: 2 houses.
- Ave. Sale Price
- £249,930
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,395pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £132/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Sales Market Trends
The last sale in NE62 5PZ sold for £400,000 on 20th September 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £249,930.
The NE62 5PZ Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £249,930 |
| June 2025 | 0.7% | £243,443 |
| June 2024 | -2.2% | £241,860 |
| June 2023 | 8.5% | £247,339 |
| June 2022 | 6.2% | £227,885 |
| June 2021 | 6.4% | £214,503 |
| June 2020 | 2.9% | £201,537 |
| June 2019 | 0.5% | £195,875 |
| June 2018 | 0.8% | £194,901 |
| June 2017 | 2.3% | £193,403 |
| June 2016 | -0.4% | £188,987 |
| June 2015 | 2.2% | £189,721 |
| June 2014 | 3.9% | £185,610 |
| June 2013 | 3% | £178,716 |
| June 2012 | -2.4% | £173,578 |
| June 2011 | -3% | £177,934 |
| June 2010 | 3.9% | £183,530 |
| June 2009 | -10.6% | £176,640 |
| June 2008 | -1.8% | £197,555 |
| June 2007 | 0% | £201,188 |
Rental Market Trends
The current average rental value in the postcode is £1,395.
The NE62 5PZ Rental Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,395pcm |
| June 2025 | 4.2% | £1,367pcm |
| June 2024 | 9.3% | £1,312pcm |
| June 2023 | 9.1% | £1,200pcm |
| June 2022 | 8.6% | £1,100pcm |
| June 2021 | 7.5% | £1,013pcm |
| June 2020 | -0.7% | £942pcm |
| June 2019 | 0.8% | £948pcm |
| June 2018 | 1.2% | £941pcm |
| June 2017 | 1% | £929pcm |
| June 2016 | 2.7% | £921pcm |
| June 2015 | 0.8% | £897pcm |
| June 2014 | 2.9% | £890pcm |
| June 2013 | -0.1% | £864pcm |
| June 2012 | 0% | £865pcm |
| June 2011 | 0.6% | £865pcm |
| June 2010 | 5.6% | £860pcm |
| June 2009 | -4.3% | £814pcm |
| June 2008 | 4.3% | £851pcm |
| June 2007 | 0% | £816pcm |
Sales History
The last sale was on 20th September 2004 for £400,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
NE62 5PZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE62 5PZ is the 60th largest and the 676th most expensive postcode out of the 781 postcodes in the NE62 area.
- NE62 5PY, Stakeford, Choppington, NE62NE62 5PY6 Addresses|477 m away
- NE62 5PX, Johnson Villas, Choppington, NE62NE62 5PX14 Addresses|525 m away
- NE62 5PT, Stakeford, Choppington, NE62NE62 5PT4 Addresses|589 m away
- NE62 5PP, Riverside Avenue, Choppington, NE62NE62 5PP47 Addresses|1.4 km away
- NE62 5PJ, Morpeth Road, Choppington, NE62NE62 5PJ18 Addresses|1.4 km away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2004£400,000 | 4 Bed HouseNorbreck, Morpeth Road, Choppington, NE62 5PZNorbreck, Morpeth Road, Choppington, NE62 5PZ
- Sold Jul 2024£156,000 | 3 Bed House38, Morpeth Road, Choppington, NE62 5PJ38, Morpeth Road, Choppington, NE62 5PJ
- Sold Sep 1995£136,500 | 5 Bed HousePaddock Hall, Morpeth Road, Choppington, NE62 5PZPaddock Hall, Morpeth Road, Choppington, NE62 5PZ
Schools Nearby
- Choppington Primary School2.3 km away
- Mowbray Primary School2.4 km away
- Pegswood Primary School2.4 km away
- St Benet Biscop Catholic Academy3.7 km away
- Ashington Academy3.8 km away
- The King Edward VI School4.0 km away
More reading links
Public Transport Nearby
The closest station to NE62 5PZ is Pegswood station, which is 1.9 kilometres away.
- Pegswood|1.9 km away
- Morpeth|3.2 km away
- Ashington|4.5 km away
- Bedlington|4.7 km away