NE61 2JT is a residential postcode located on Springhill Walk, Morpeth, NE61. It is the 1100th largest postcode in the NE61 area.
It contains 21 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £245,267. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 6.0%.
Property sale values range from £235,955 for a freehold house, with 3 bedrooms split across 807 square feet of gross internal area and has a garden to £310,761 for a leasehold house, with 4 bedrooms split across 1,297 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2JT is £286/ft2.
Properties achieve a rental yield of between 4.8% and 5.6%, and rental values range from £1,108 to £1,252 per month.
The last sale was 24 Mar 2023 for £280,000 and since then the market in the area as increased by 1.8%. The postcode has had a total of 4 sales since 1995.
NE61 2JT has seen 4 sales in the last three years and no sales in the last twelve months.
NE61 2JT is the 1100th largest and the 572nd most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 2JT is a residential postcode located on Springhill Walk, Morpeth, NE61 with 21 houses within its bounds.
The most common property type in NE61 2JT is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to NE61 2JT is Morpeth station which is 1.1 km 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 2JT, 59.5% of property is privately owned outright and 27.8% is privately owned with a mortgage.
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 2JT, 22.5% of residents are recorded as possessing school level qualifications and 36.1% 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 2JT, the average age was 47.5 and the most common age was 72.
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 2JT, 0.0% 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 2JT, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.