NE61 6TA is a residential postcode located on Cavendish Square, Pegswood, Morpeth, NE61. It is the 1092nd largest postcode in the NE61 area.
It contains 16 houses and 4 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £107,336. Sales values have increased in the last 12 months by 2.2% and Rental values have increased by 9.1%.
Property sale values range from £81,087 for a freehold house, with 2 bedrooms split across 506 square feet of gross internal area and has a garden to £133,663 for a freehold house, with 4 bedrooms split across 1,297 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE61 6TA is £126/ft2.
Properties achieve a rental yield of between 6.2% and 7.4%, and rental values range from £502 to £691 per month.
The last sale was 25 May 2021 for £107,000 and since then the market in the area has increased by 13.2%. The postcode has had a total of 4 sales since 1995.
NE61 6TA has seen 1 sale in the last three years and no sales in the last twelve months.
NE61 6TA is the 1092nd largest and the 130th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 6TA is the 1092nd largest and the 130th most expensive postcode out of the 1,369 postcodes in the NE61 area.
NE61 6TA is a residential postcode located on Cavendish Square, Pegswood, Morpeth, NE61 with 16 houses and 4 unknown within its bounds.
The most common property type in NE61 6TA is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE61 6TA is Pegswood station which is 600 metres 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 6TA, 51.2% of property is socially rented and 19.7% 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 6TA, 18.5% of residents are recorded as possessing school level qualifications and 18.3% 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 6TA, 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 6TA, 0.0% 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 6TA, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.