NE61 2GN is a residential postcode located on Horseshoe Way, Morpeth, NE61. It is the 893rd largest postcode in the NE61 area.
It contains 13 flats and the most common type of property is a modern flat built after 1980.
The average house value is £158,470. 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 £154,073 for a leasehold flat, with 2 bedrooms split across 667 square feet of gross internal area and has no outside space to £192,324 for a leasehold flat, with 2 bedrooms split across 840 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE61 2GN is £223/ft2.
Properties achieve a rental yield of between 7% and 7.7%, and rental values range from £989 to £1,120 per month.
The last sale was 17 Dec 2021 for £157,500 and since then the market in the area has increased by 5.6%. The postcode has had a total of 4 sales since 1995.
NE61 2GN has seen 2 sales in the last three years and no sales in the last twelve months.
NE61 2GN is the 893rd largest and the 319th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 2GN is the 893rd largest and the 319th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 2GN is a residential postcode located on Horseshoe Way, Morpeth, NE61 with 13 flats within its bounds.
The most common property type in NE61 2GN is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to NE61 2GN is Morpeth station which is 700 metres away.