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Postcode Overview
of NE61 2YL
NE61 2YL is a residential postcode located on Morpeth, NE61. It is the 658th largest postcode in the NE61 area.
It contains 48 residential addresses consisting of 7 houses, 22 flats and 19 unknown and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE61 2YL
The average house value is £503,173. Sales values have decreased in the last 12 months by 1.9% and Rental values have increased by 4.6%.
Property sale values range from £250,574 for a leasehold flat, with 3 bedrooms split across 1,292 square feet of gross internal area and has no outside space to £713,039 for a freehold house, with 5 bedrooms split across 4,977 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 2YL is £193/ft2.
Properties achieve a rental yield of between 3.4% and 6.6%, and rental values range from £1,389 to £2,311 per month.
Recent sales
within NE61 2YL
The last sale was 14 Oct 2016 for £190,000 and since then the market in the area has increased by 19.8%. The postcode has had a total of 4 sales since 1995.
NE61 2YL has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 2YL
NE61 2YL is the 658th largest and the 1181st most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 2YL
NE61 2YL is the 658th largest and the 1181st most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 2YL
NE61 2YL is a residential postcode located on Morpeth, NE61 with 7 houses, 22 flats and 19 unknown within its bounds.
The most common property type in NE61 2YL is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE61 2YL
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE61 2YL
Public transport nearby
to NE61 2YL
The closest station to NE61 2YL is Morpeth station which is 1.2 kilometres away.
