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NE61 1PS

NE61 1PS

Last update: Sep 2024

Postcode Overview

of NE61 1PS

NE61 1PS is a residential postcode located on New Market, Morpeth, NE61. It is the 156th largest postcode in the NE61 area.

It contains 2 flats and the most common type of property is a modern flat built after 1980.

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Average property prices

in NE61 1PS

The average house value is £138,800. Sales values have increased in the last 12 months by 0.3% and Rental values have increased by 7.0%.

Property sale values range from £136,830 for a leasehold flat, with 2 bedrooms split across 560 square feet of gross internal area and has no outside space to £140,770 for a leasehold flat, with 2 bedrooms split across 603 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE61 1PS is £239/ft2.

Properties achieve a rental yield of between 8.1% and 8.2%, and rental values range from £921 to £962 per month.

Sale value change
12 months
0.3%
Rental value change
12 months
7.0%
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Recent sales

within NE61 1PS

The last sale was 31 Jul 2008 for £85,000 and since then the market in the area as increased by 8.5%. The postcode has had a total of 2 sales since 1995.

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

£85,000
Jul-2008
Sold
£15,000
Aug-1999
Sold
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Nearby postcodes

to NE61 1PS

NE61 1PS is the 156th largest and the 247th most expensive postcode out of the 1,369 postcodes in the NE61 area.

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Property types

in NE61 1PS

NE61 1PS is a residential postcode located on New Market, Morpeth, NE61 with 2 flats within its bounds.

The most common property type in NE61 1PS is a modern flat built after 1980.

modern flat (2)
Energy Efficiency

Energy Efficiency

of properties within NE61 1PS

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.

A (0)
E (0)
B (0)
F (0)
C (0)
G (0)
D (0)
No EPC (2)
Schools nearby

Schools nearby

to NE61 1PS

The nearest primary school to NE61 1PS is Morpeth First School which is 1.4 km away and is rated Good by Ofsted.
1.4 km
Morpeth First School
Good
3.4 km
Pegswood Primary School
Good
5.9 km
Choppington Primary School
Good
The nearest secondary school is The King Edward VI School which is 900 m away and is rated Outstanding by Ofsted.
900 m
The King Edward VI School
Outstanding
6.7 km
St Benet Biscop Catholic Academy
Good
7.2 km
Ashington Academy
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE61 1PS

The closest station to NE61 1PS is Morpeth station which is 700 m away.

700 m
Morpeth
3.2 km
Pegswood
7.7 km
Ashington
8.3 km
Bedlington
Source: National Rail
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