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Postcode Overview
of NE61 2QU
NE61 2QU is a residential postcode located on Spelvit Lane, Morpeth, NE61. It is the 520th largest postcode in the NE61 area.
It contains 6 houses and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE61 2QU
The average house value is £276,303. Sales values have decreased in the last 12 months by 1.4% and Rental values have increased by 5.2%.
Property sale values range from £226,291 for a freehold house, with 3 bedrooms split across 958 square feet of gross internal area and has a garden to £300,587 for a freehold house, with 4 bedrooms split across 1,582 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2QU is £207/ft2.
Properties achieve a rental yield of between 4.8% and 5.9%, and rental values range from £1,121 to £1,217 per month.
Recent sales
within NE61 2QU
The last sale was 21 Nov 2023 for £265,000 and since then the market in the area as increased by 2.2%. The postcode has had a total of 4 sales since 1995.
NE61 2QU has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE61 2QU
NE61 2QU is the 520th largest and the 704th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 2QU
NE61 2QU is a residential postcode located on Spelvit Lane, Morpeth, NE61 with 6 houses within its bounds.
The most common property type in NE61 2QU is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE61 2QU
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE61 2QU
Public transport nearby
to NE61 2QU
The closest station to NE61 2QU is Morpeth station which is 800 m away.
