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Postcode Overview
of NE61 1AE
NE61 1AE is a residential postcode located on Mill Race Court, Morpeth, NE61. It is the 1166th largest postcode in the NE61 area.
It contains 22 flats and 3 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in NE61 1AE
The average house value is £236,736. Sales values have increased in the last 12 months by 0.2% and Rental values have increased by 6.9%.
Property sale values range from £219,419 for a leasehold flat, with 2 bedrooms split across 674 square feet of gross internal area and has no outside space to £324,148 for a leasehold flat, with 3 bedrooms split across 1,398 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE61 1AE is £305/ft2.
Properties achieve a rental yield of between 6.1% and 6.4%, and rental values range from £1,171 to £1,652 per month.
Recent sales
within NE61 1AE
The last sale was 09 Oct 2023 for £240,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 4 sales since 1995.
NE61 1AE has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE61 1AE
NE61 1AE is the 1166th largest and the 551st most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 1AE
NE61 1AE is the 1166th largest and the 551st most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 1AE
NE61 1AE is a residential postcode located on Mill Race Court, Morpeth, NE61 with 22 flats and 3 unknown within its bounds.
The most common property type in NE61 1AE is a modern flat built after 1980.
Energy Efficiency
of properties within NE61 1AE
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE61 1AE
Public transport nearby
to NE61 1AE
The closest station to NE61 1AE is Morpeth station which is 600 metres away.
