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Postcode Overview
of NE61 5PL
NE61 5PL is a residential postcode located on Grangewood, Stobswood, Morpeth, NE61. It is the 907th largest postcode in the NE61 area.
It contains 8 houses and 5 unknown and the most common type of property is a modern house built after 1980.
Average property prices
in NE61 5PL
The average house value is £384,785. 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 £289,488 for a freehold house, with 3 bedrooms split across 1,152 square feet of gross internal area and has a garden to £418,600 for a freehold house, with 5 bedrooms split across 2,129 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 5PL is £198/ft2.
Properties achieve a rental yield of between 4.2% and 5.1%, and rental values range from £1,214 to £1,518 per month.
Recent sales
within NE61 5PL
The last sale was 29 Sep 2023 for £360,000 and since then the market in the area has decreased by -1%. The postcode has had a total of 4 sales since 1995.
NE61 5PL has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE61 5PL
NE61 5PL is the 907th largest and the 987th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 5PL
NE61 5PL is the 907th largest and the 987th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 5PL
NE61 5PL is a residential postcode located on Grangewood, Stobswood, Morpeth, NE61 with 8 houses and 5 unknown within its bounds.
The most common property type in NE61 5PL is a modern house built after 1980.
Energy Efficiency
of properties within NE61 5PL
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE61 5PL
Public transport nearby
to NE61 5PL
The closest station to NE61 5PL is Widdrington station which is 800 metres away.
