AIAI Property Valuation for NE62 — CHOPPINGTON
AI Estimate
£134,341
Range: £123,594 – £145,088 (±8%)
536 sales (12mo)
Get a Free Professional Valuation
Our AI estimates NE62 at £134,341. Get an expert opinion for free.
Get Free Valuation →Average Prices by Property Type
🏠
Detached
£243,404
100 sold (12mo)
🏘️
Semi-Detached
£139,823
268 sold (12mo)
🏡
Terraced
£101,833
119 sold (12mo)
🏢
Flat
£49,713
40 sold (12mo)
Price History — NE62
Price Forecast
Current
£134,341
1-Year
£142,269
-1%
3-Year
£139,557
-2.8%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£524
Gross Yield
4.38%
Net Yield (est.)
3.5%
Region Average
2.94%
Annual rental income estimate: £6,288. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
Compare Mortgage Rates
Free, whole-of-market comparison. No obligation.
Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Below avg
24.8/1000 (-69.5% vs national)
🎓
Schools
2 Good+
5 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
363 Mbps
Average download speed
🏛️
Council Tax
£2,338
Band D — Newcastle Upon Tyne Council
🔑
Tenure
27% Owner
14% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in NE62?
The AI-estimated average house price in NE62 (CHOPPINGTON) is £134,341, based on 536 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in NE62?
The estimated gross rental yield in NE62 is 4.38%, based on an average monthly rent of £524 and average property price of £143,644. The estimated net yield after costs is 3.5%.
Is NE62 a good area to invest in?
NE62 has an overall investment score of 5.3/10. This considers price growth (3.4/10), rental yield (4/10), safety (8.5/10), schools (4/10), and connectivity (10/10).
What are property prices by type in NE62?
Average prices in NE62 by property type: detached (£243,404), semi-detached (£139,823), terraced (£101,833), flats (£49,713). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for NE62?
Our AI estimates for NE62 are based on Land Registry transaction data, local market trends, and area characteristics. With 536 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
Get Property Alerts for NE62
Receive AI-powered market updates and price change alerts for CHOPPINGTON.
Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.