Somerset Close - NE63 8PH
Key Postcode Insights
NE63 8PH is a residential postcode situated on Somerset Close, Ashington, NE63 with 28 addresses.
It ranks as the 650th largest and 75th most expensive of the 890 postcodes in the NE63 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 24 flats and 4 other properties.
- Ave. Sale Price
- £55,916
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £374pcm
- 10 Year change
- up 36.3%
- Ave. £ per ft²
- £113/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
NE63 8PH is a residential postcode situated on Somerset Close, Ashington, NE63 with 28 addresses.
It ranks as the 650th largest and 75th most expensive of the 890 postcodes in the NE63 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 24 flats and 4 other properties.
- Ave. Sale Price
- £55,916
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £374pcm
- 10 Year change
- up 36.3%
- Ave. £ per ft²
- £113/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Properties in NE63 8PH
- 1 Somerset Close
2 Bed Mid-century Flat
- 2 Somerset Close
2 Bed Mid-century Flat
- 3 Somerset Close
2 Bed Mid-century Flat
- 4 Somerset Close
Flat
- 5 Somerset Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE63 8PH sold for £70,000 on 15th November 2024. Since then prices are up an average of 0.5%.
The current average value in the postcode is £55,916.
The NE63 8PH Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £55,916 |
| June 2025 | -0.1% | £54,654 |
| June 2024 | 5.3% | £54,693 |
| June 2023 | 0% | £51,931 |
| June 2022 | 7.1% | £51,931 |
| June 2021 | 6.2% | £48,501 |
| June 2020 | 4.1% | £45,690 |
| June 2019 | -3.1% | £43,902 |
| June 2018 | 0.5% | £45,312 |
| June 2017 | 1.9% | £45,081 |
| June 2016 | -1.9% | £44,221 |
| June 2015 | -0.5% | £45,059 |
| June 2014 | 1.6% | £45,264 |
| June 2013 | -1.8% | £44,556 |
| June 2012 | -1.5% | £45,375 |
| June 2011 | -6% | £46,069 |
| June 2010 | 1.9% | £49,014 |
| June 2009 | -14.4% | £48,118 |
| June 2008 | -5.5% | £56,207 |
| June 2007 | 0% | £59,447 |
Rental Market Trends
The current average rental value in the postcode is £374.
The NE63 8PH Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £374pcm |
| June 2025 | 3.5% | £366pcm |
| June 2024 | 10.7% | £353pcm |
| June 2023 | 6.1% | £319pcm |
| June 2022 | 7.5% | £301pcm |
| June 2021 | 5% | £280pcm |
| June 2020 | -1.2% | £266pcm |
| June 2019 | 0% | £270pcm |
| June 2018 | -0.4% | £269pcm |
| June 2017 | -1.3% | £270pcm |
| June 2016 | 1.2% | £274pcm |
| June 2015 | -0.7% | £271pcm |
| June 2014 | 1.1% | £272pcm |
| June 2013 | -1.5% | £270pcm |
| June 2012 | -0.7% | £274pcm |
| June 2011 | -0.4% | £275pcm |
| June 2010 | 0.3% | £277pcm |
| June 2009 | -7.1% | £276pcm |
| June 2008 | 2% | £297pcm |
| June 2007 | 0% | £291pcm |
Sales History
The last recorded sale was on 15th November 2024 for £70,000 and since then the market in the area has increased by 0.5%.
NE63 8PH has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Nov 2024£70,000 | 2 Bed Flat24, Somerset Close, Ashington, NE63 8PH24, Somerset Close, Ashington, NE63 8PH
- Sold Jun 2023£50,000 | 1 Bed Flat13, Somerset Close, Ashington, NE63 8PH13, Somerset Close, Ashington, NE63 8PH
- Sold May 2022£66,000 | 3 Bed Flat25, Somerset Close, Ashington, NE63 8PH25, Somerset Close, Ashington, NE63 8PH
Nearby Postcodes
NE63 8PH is the 650th largest and the 75th most expensive postcode out of the 890 postcodes in the NE63 area.
- NE63 8PJ, Somerset Close, Ashington, NE63NE63 8PJ16 Addresses|54 m away
- NE63 8NQ, High Market, Ashington, NE63NE63 8NQ1 Address|69 m away
- NE63 8QB, Dorset Close, Ashington, NE63NE63 8QB17 Addresses|77 m away
- NE63 8BF, Northumberland Close, Ashington, NE63NE63 8BF12 Addresses|85 m away
- NE63 8BN, Hampshire Close, Ashington, NE63NE63 8BN10 Addresses|86 m away
Property Types
- 24 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century flat (24)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (17)
- G (0)
- D (7)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2005£104,000 | 3 Bed House40, Somerset Close, Ashington, NE63 8PJ40, Somerset Close, Ashington, NE63 8PJ
- Sold Jan 2008£95,000 | 3 Bed Flat35, Somerset Close, Ashington, NE63 8PJ35, Somerset Close, Ashington, NE63 8PJ
- Sold Jun 2004£92,000 | 3 Bed House40, Somerset Close, Ashington, NE63 8PJ40, Somerset Close, Ashington, NE63 8PJ
Schools Nearby
- Bothal Academy500 m away
- Central Academy1.8 km away
- Ringway Primary School1.8 km away
- Ashington Academy1.1 km away
- NCEA Duke's Secondary School3.1 km away
- Bedlington Academy5.4 km away
More reading links
Public Transport Nearby
The closest station to NE63 8PH is Ashington station, which is 1.3 kilometres away.
- Ashington|1.3 km away
- Pegswood|3.3 km away
- Bedlington|5.1 km away
- Morpeth|6.2 km away