NE61 1XH is a residential postcode located on Alder Close, Morpeth, NE61. It is the 589th largest postcode in the NE61 area.
It contains 5 houses and 2 unknown and the most common type of property is a modern house built after 1980.
The average house value is £336,467. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 8.4%.
Property sale values range from £167,896 for a freehold house, with 3 bedrooms split across 840 square feet of gross internal area and has a garden to £391,004 for a freehold house, with 4 bedrooms split across 1,432 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 1XH is £303/ft2.
Properties achieve a rental yield of between 3.9% and 7.1%, and rental values range from £987 to £1,279 per month.
The last sale was 23 Feb 2024 for £320,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 4 sales since 1995.
NE61 1XH has seen 4 sales in the last three years and 1 sale in the last twelve months.
NE61 1XH is the 589th largest and the 865th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 1XH is the 589th largest and the 865th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 1XH is a residential postcode located on Alder Close, Morpeth, NE61 with 5 houses and 2 unknown within its bounds.
The most common property type in NE61 1XH is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE61 1XH is Morpeth station which is 300 metres 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 1XH, 46.0% of property is privately owned outright and 25.8% is socially 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 1XH, 10.0% of residents are recorded as possessing school level qualifications and 47.4% 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 1XH, 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 1XH, 2.9% 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 1XH, 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.