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NE61 1BU

NE61 1BU

Last update: Sep 2024

Postcode Overview

of NE61 1BU

NE61 1BU is a residential postcode located on Newgate Street, Morpeth, NE61. It is the 962nd largest postcode in the NE61 area.

It contains 15 residential addresses consisting of 5 houses and 10 flats and the most common type of property is a period flat built between 1800 and 1911.

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Average property prices

in NE61 1BU

The average house value is £132,278. 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 £101,903 for a leasehold flat, with 2 bedrooms split across 408 square feet of gross internal area and has a garden to £443,121 for a freehold house, with 5 bedrooms split across 4,155 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE61 1BU is £179/ft2.

Properties achieve a rental yield of between 5.3% and 9%, and rental values range from £764 to £1,976 per month.

Sale value change
12 months
0.2%
Rental value change
12 months
6.9%
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Recent sales

within NE61 1BU

The last sale was 22 Aug 2023 for £226,500 and since then the market in the area has decreased by -0.2%. The postcode has had a total of 4 sales since 1995.

NE61 1BU has seen 4 sales in the last three years and no sales in the last twelve months.

£226,500
Aug-2023
Sold
£118,500
May-2023
Sold
£118,000
Apr-2023
Sold
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Nearby postcodes

to NE61 1BU

NE61 1BU is the 962nd largest and the 214th most expensive postcode out of the 1,369 postcodes in the NE61 area.

metres
metres
metres
NE61 3SP, Morpeth, NE61
NE61 3SP
6 Addresses
metres
NE61 2BX, Morpeth, NE61
NE61 2BX
2 Addresses
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Nearby postcodes

to NE61 1BU

NE61 1BU is the 962nd largest and the 214th most expensive postcode out of the 1,369 postcodes in the NE61 area.

metres
metres
metres
NE61 3SP, Morpeth, NE61
NE61 3SP
6 Addresses
metres
NE61 2BX, Morpeth, NE61
NE61 2BX
2 Addresses
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Property types

in NE61 1BU

NE61 1BU is a residential postcode located on Newgate Street, Morpeth, NE61 with 5 houses and 10 flats within its bounds.

The most common property type in NE61 1BU is a period flat built between 1800 and 1911.

period house (4)
period flat (9)
modern house (1)
modern flat (1)
Energy Efficiency

Energy Efficiency

of properties within NE61 1BU

The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (4)
B (0)
F (1)
C (5)
G (0)
D (3)
No EPC (2)
Schools nearby

Schools nearby

to NE61 1BU

The nearest primary school to NE61 1BU is Morpeth First School which is 1.7 kilometres away and is rated Good by Ofsted.
1.7 km
Morpeth First School
Good
3.4 km
Pegswood Primary School
Good
6.1 km
Choppington Primary School
Good
The nearest secondary school is The King Edward VI School which is 500 metres away and is rated Outstanding by Ofsted.
500 m
The King Edward VI School
Outstanding
7.0 km
St Benet Biscop Catholic Academy
Good
7.2 km
Ashington Academy
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE61 1BU

The closest station to NE61 1BU is Morpeth station which is 1.1 kilometres away.

1.1 km
Morpeth
3.2 km
Pegswood
7.7 km
Ashington
8.5 km
Bedlington
Source: National Rail
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