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Postcode Overview
of NE61 2EU
NE61 2EU is a residential postcode located on Second Avenue, Morpeth, NE61. It is the 1168th largest postcode in the NE61 area.
It contains 22 houses and 3 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE61 2EU
The average house value is £80,300. Sales values have increased in the last 12 months by 2.2% and Rental values have increased by 9.0%.
Property sale values range from £76,710 for a freehold house, with 2 bedrooms split across 398 square feet of gross internal area and has a garden to £116,639 for a freehold house, with 3 bedrooms split across 893 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2EU is £191/ft2.
Properties achieve a rental yield of between 7% and 7.5%, and rental values range from £475 to £684 per month.
Recent sales
within NE61 2EU
The last sale was 24 Jul 2015 for £55,000 and since then the market in the area has increased by 35.8%. The postcode has had a total of 3 sales since 1995.
NE61 2EU has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 2EU
NE61 2EU is the 1168th largest and the 65th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 2EU
NE61 2EU is the 1168th largest and the 65th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 2EU
NE61 2EU is a residential postcode located on Second Avenue, Morpeth, NE61 with 22 houses and 3 unknown within its bounds.
The most common property type in NE61 2EU is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE61 2EU
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE61 2EU
Public transport nearby
to NE61 2EU
The closest station to NE61 2EU is Morpeth station which is 300 metres away.
