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Postcode Overview
of NE61 1YL
NE61 1YL is a residential postcode located on Castle Square, Morpeth, NE61. It is the 590th largest postcode in the NE61 area.
It contains 7 flats and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE61 1YL
The average house value is £248,483. Sales values have increased in the last 12 months by 0.4% and Rental values have increased by 7.2%.
Property sale values range from £226,148 for a leasehold flat, with 2 bedrooms split across 743 square feet of gross internal area and has a garden to £304,645 for a leasehold flat, with 3 bedrooms split across 1,313 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 1YL is £278/ft2.
Properties achieve a rental yield of between 6.3% and 6.5%, and rental values range from £1,224 to £1,600 per month.
Recent sales
within NE61 1YL
The last sale was 31 Mar 2023 for £285,000 and since then the market in the area has increased by 4%. The postcode has had a total of 4 sales since 1995.
NE61 1YL has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 1YL
NE61 1YL is the 590th largest and the 600th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 1YL
NE61 1YL is the 590th largest and the 600th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 1YL
NE61 1YL is a residential postcode located on Castle Square, Morpeth, NE61 with 7 flats within its bounds.
The most common property type in NE61 1YL is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE61 1YL
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE61 1YL
Public transport nearby
to NE61 1YL
The closest station to NE61 1YL is Morpeth station which is 400 metres away.
