NE61 1AY is a residential postcode located on Newgate Street, Morpeth, NE61. It is the 499th largest postcode in the NE61 area.
It contains 6 residential addresses consisting of 5 houses and 1 flat and the most common type of property is a period house built between 1800 and 1911.
The average house value is £227,178. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 5.0%.
Property sale values range from £136,830 for a leasehold flat, with 2 bedrooms split across 600 square feet of gross internal area and has no outside space to £543,522 for a freehold house, with 5 bedrooms split across 2,463 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 1AY is £144/ft2.
Properties achieve a rental yield of between 3.6% and 8.1%, and rental values range from £921 to £1,652 per month.
The last sale was 06 Jun 2018 for £170,000 and since then the market in the area as increased by 19.7%. The postcode has had a total of 4 sales since 1995.
NE61 1AY has seen no sales in the last three years and no sales in the last twelve months.
NE61 1AY is the 499th largest and the 513th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 1AY is a residential postcode located on Newgate Street, Morpeth, NE61 with 5 houses and 1 flat within its bounds.
The most common property type in NE61 1AY is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to NE61 1AY is Morpeth station which is 1.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE61 1AY, 35.9% of property is privately owned outright and 34.5% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE61 1AY, 12.5% of residents are recorded as possessing school level qualifications and 42.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE61 1AY, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE61 1AY, 1.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE61 1AY, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.