NE61 2JA is a residential postcode located on Turner Square, Morpeth, NE61. It is the 1156th largest postcode in the NE61 area.
It contains 24 residential addresses consisting of 10 houses and 14 flats and the most common type of property is a modern flat built after 1980.
The average house value is £130,376. Sales values have increased in the last 12 months by 0.4% and Rental values have increased by 7.1%.
Property sale values range from £81,212 for a leasehold flat, with 1 bedrooms split across 280 square feet of gross internal area and has no outside space to £266,163 for a leasehold house, with 4 bedrooms split across 1,249 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2JA is £243/ft2.
Properties achieve a rental yield of between 5.5% and 8.9%, and rental values range from £586 to £1,213 per month.
The last sale was 01 Dec 2023 for £85,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 4 sales since 1995.
NE61 2JA has seen 4 sales in the last three years and 1 sale in the last twelve months.
NE61 2JA is the 1156th largest and the 208th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 2JA is the 1156th largest and the 208th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 2JA is a residential postcode located on Turner Square, Morpeth, NE61 with 10 houses and 14 flats within its bounds.
The most common property type in NE61 2JA 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 C.
The closest station to NE61 2JA is Morpeth station which is 700 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 2JA, 45.8% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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 2JA, 23.9% of residents are recorded as possessing school level qualifications and 56.5% 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 2JA, the average age was 44.7 and the most common age was 57.
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 2JA, 1.8% 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 2JA, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.