Analysis of recent property sales -- official HM Land Registry data
The average house price in NE62 (NE62 5AA) is £128,000, based on 18 transactions recorded by HM Land Registry. The median price is £132,500, giving a price range from £32,500 to £218,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2025-12-16 | £105,000 | S | 74.0 m² |
| 2025-12-12 | £125,000 | S | 78.0 m² |
| 2025-11-28 | £207,000 | S | 73.0 m² |
| 2025-11-28 | £140,000 | S | 89.0 m² |
| 2025-11-28 | £140,000 | S | 89.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE62
NE62 has a twelve-month median sale price of £132k across 18 Land Registry transactions. Individual sales ranged from £32k to £218k, which is a normal spread for a postcode of this size.
Semi-detached houses were the most common transaction type, representing 61% of sales, while terraced houses accounted for 28%. Semi-detached stock signals interwar or post-war suburban development, typically with gardens front and back.
The NE62 5AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 16.3%, based on ONS regional rents.