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Postcode Overview
of NE61 5YG
NE61 5YG is a residential postcode located on Oakland Terrace, Lynemouth, Morpeth, NE61. It is the 1161st largest postcode in the NE61 area.
It contains 17 houses and 7 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE61 5YG
The average house value is £58,153. Sales values have increased in the last 12 months by 2.4% and Rental values have increased by 10.1%.
Property sale values range from £57,251 for a freehold house, with 3 bedrooms split across 667 square feet of gross internal area and has a garden to £81,263 for a freehold house, with 4 bedrooms split across 1,308 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 5YG is £84/ft2.
Properties achieve a rental yield of between 6.2% and 7.5%, and rental values range from £359 to £419 per month.
Recent sales
within NE61 5YG
The last sale was 17 May 2023 for £62,000 and since then the market in the area has increased by 4.4%. The postcode has had a total of 4 sales since 1995.
NE61 5YG has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE61 5YG
NE61 5YG is the 1161st largest and the 17th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Nearby postcodes
to NE61 5YG
NE61 5YG is the 1161st largest and the 17th most expensive postcode out of the 1,369 postcodes in the NE61 area.
Property types
in NE61 5YG
NE61 5YG is a residential postcode located on Oakland Terrace, Lynemouth, Morpeth, NE61 with 17 houses and 7 unknown within its bounds.
The most common property type in NE61 5YG is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE61 5YG
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE61 5YG
Public transport nearby
to NE61 5YG
The closest station to NE61 5YG is Ashington station which is 3.9 kilometres away.
