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Postcode Overview
of NE61 1PT
NE61 1PT is a residential postcode located on Chantry Mews, Morpeth, NE61. It is the 1096th largest postcode in the NE61 area.
It contains 17 flats and 4 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in NE61 1PT
The average house value is £167,363. 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 646 square feet of gross internal area and has no outside space to £217,382 for a leasehold flat, with 3 bedrooms split across 1,090 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE61 1PT is £257/ft2.
Properties achieve a rental yield of between 7% and 8.1%, and rental values range from £921 to £1,262 per month.
Recent sales
within NE61 1PT
The last sale was 15 Mar 2024 for £175,000 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 1PT has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE61 1PT
NE61 1PT is the 1096th largest and the 347th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 1PT
NE61 1PT is the 1096th largest and the 347th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 1PT
NE61 1PT is a residential postcode located on Chantry Mews, Morpeth, NE61 with 17 flats and 4 unknown within its bounds.
The most common property type in NE61 1PT is a modern flat built after 1980.
Energy Efficiency
of properties within NE61 1PT
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE61 1PT
Public transport nearby
to NE61 1PT
The closest station to NE61 1PT is Morpeth station which is 600 metres away.
