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Postcode Overview
of NE61 2LG
NE61 2LG is a residential postcode located on Church Walk, Morpeth, NE61. It is the 595th largest postcode in the NE61 area.
It contains 7 residential addresses consisting of 6 houses and 1 flat and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE61 2LG
The average house value is £120,428. Sales values have increased in the last 12 months by 1.7% and Rental values have increased by 8.5%.
Property sale values range from £111,568 for a freehold house, with 3 bedrooms split across 624 square feet of gross internal area and has a garden to £164,287 for a freehold house, with 3 bedrooms split across 1,012 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2LG is £162/ft2.
Properties achieve a rental yield of between 6.8% and 8.4%, and rental values range from £700 to £962 per month.
Recent sales
within NE61 2LG
The last sale was 02 Dec 2022 for £112,000 and since then the market in the area as increased by 6.2%. The postcode has had a total of 4 sales since 1995.
NE61 2LG has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 2LG
NE61 2LG is the 595th largest and the 162nd most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 2LG
NE61 2LG is a residential postcode located on Church Walk, Morpeth, NE61 with 6 houses and 1 flat within its bounds.
The most common property type in NE61 2LG is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE61 2LG
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE61 2LG
Public transport nearby
to NE61 2LG
The closest station to NE61 2LG is Morpeth station which is 800 m away.
