NE61 3AA is a residential postcode located on Morpeth, NE61. It is the 769th largest postcode in the NE61 area.
It contains 65 residential addresses consisting of 2 houses, 58 flats and 5 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £275,349. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 6.3%.
Property sale values range from £140,785 for a leasehold flat, with 2 bedrooms split across 840 square feet of gross internal area and has no outside space to £475,248 for a leasehold house, with 4 bedrooms split across 1,313 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 3AA is £316/ft2.
Properties achieve a rental yield of between 3.2% and 8%, and rental values range from £936 to £1,925 per month.
The last sale was 15 Nov 2021 for £200,000 and since then the market in the area has increased by 5.3%. The postcode has had a total of 4 sales since 1995.
NE61 3AA has seen 4 sales in the last three years and no sales in the last twelve months.
NE61 3AA is the 769th largest and the 702nd most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 3AA is the 769th largest and the 702nd most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 3AA is a residential postcode located on Morpeth, NE61 with 2 houses, 58 flats and 5 unknown within its bounds.
The most common property type in NE61 3AA is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE61 3AA is Morpeth station which is 1.1 kilometres 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 3AA, 46.3% of property is privately owned with a mortgage and 35.8% 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 3AA, 18.6% of residents are recorded as possessing school level qualifications and 55.5% 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 3AA, the average age was 45.1 and the most common age was 62.
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 3AA, 0.8% 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 3AA, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.