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Postcode Overview
of NE61 5JY
NE61 5JY is a residential postcode located on Cresswell, Morpeth, NE61. It is the 477th largest postcode in the NE61 area.
It contains 5 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE61 5JY
The average house value is £546,361. Sales values have decreased in the last 12 months by 1.7% and Rental values have increased by 5.4%.
Property sale values range from £477,954 for a freehold house, with 4 bedrooms split across 1,625 square feet of gross internal area and has a garden to £624,467 for a freehold house, with 5 bedrooms split across 2,594 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 5JY is £270/ft2.
Properties achieve a rental yield of between 2.9% and 3%, and rental values range from £1,152 to £1,547 per month.
Recent sales
within NE61 5JY
The last sale was 19 Apr 2021 for £430,000 and since then the market in the area has increased by 10.5%. The postcode has had a total of 4 sales since 1995.
NE61 5JY has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 5JY
NE61 5JY is the 477th largest and the 1226th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 5JY
NE61 5JY is the 477th largest and the 1226th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 5JY
NE61 5JY is a residential postcode located on Cresswell, Morpeth, NE61 with 5 houses within its bounds.
The most common property type in NE61 5JY is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE61 5JY
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to NE61 5JY
Public transport nearby
to NE61 5JY
The closest station to NE61 5JY is Widdrington station which is 4.8 kilometres away.
