Analysis of recent property sales -- official HM Land Registry data
The average house price in NE62 (NE62 5AA) is £134,678, based on 388 transactions recorded by HM Land Registry. The median price is £124,997, giving a price range from £6,950 to £487,500.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £175,000 | S | — |
| 2026-01-23 | £30,000 | T | 105.0 m² |
| 2026-01-23 | £215,000 | D | 89.0 m² |
| 2026-01-23 | £156,000 | T | 75.0 m² |
| 2026-01-19 | £32,500 | T | 57.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE62
NE62 saw 388 residential sales complete over the twelve-month window, a busy level of activity that makes the local price benchmarks more reliable than in thinner markets. Individual sales ranged from £7k to £488k, which is a normal spread for a postcode of this size.
Terraced houses were the most common transaction type, representing 51% of sales, while semi-detached houses accounted for 27%.
The twelve-month trend is softer than it was: the median in the second half of the window was 6.2% below the first-half median. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in NE62 5AA is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 17.3%, based on ONS regional rents.