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Postcode Overview
of NE61 1LA
NE61 1LA is a residential postcode located on New Market, Morpeth, NE61. It is the 266th largest postcode in the NE61 area.
It contains 3 residential addresses consisting of 1 house and 2 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in NE61 1LA
The average house value is £136,830. 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 £136,830 for a leasehold flat, with 2 bedrooms split across 509 square feet of gross internal area and has no outside space to £203,967 for a freehold house, with 3 bedrooms split across 818 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 1LA is £269/ft2.
Properties achieve a rental yield of between 6.3% and 8.1%, and rental values range from £921 to £1,073 per month.
Recent sales
within NE61 1LA
The last sale was 11 Aug 2006 for £81,000 and since then the market in the area as increased by 0%. The postcode has had a total of 2 sales since 1995.
NE61 1LA has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 1LA
NE61 1LA is the 266th largest and the 235th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 1LA
NE61 1LA is a residential postcode located on New Market, Morpeth, NE61 with 1 house and 2 flats within its bounds.
The most common property type in NE61 1LA is a modern flat built after 1980.
Energy Efficiency
of properties within NE61 1LA
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to NE61 1LA
Public transport nearby
to NE61 1LA
The closest station to NE61 1LA is Morpeth station which is 700 m away.
