NE49 0LU is a residential postcode situated on Melkridge, Haltwhistle, NE49 with 4 addresses.
It ranks as the 539th largest and 160th most expensive of the 1,032 postcodes in the NE49 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
NE49 0LU is a residential postcode situated on Melkridge, Haltwhistle, NE49 with 4 addresses.
It ranks as the 539th largest and 160th most expensive of the 1,032 postcodes in the NE49 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £147,015 for 3 bedroom freehold houses with a garden (882 ft2) to £176,617 for 3 bedroom freehold houses with a garden (1,280 ft2) .
Monthly rental prices range from £862 pcm for 3 bed houses to £888 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 7.0%.
The average value per square foot is £156.
The last sale in NE49 0LU sold for £150,000 on 25th January 2023. Since then prices are up an average of 6.9%.
The current average value in the postcode is £159,163.
The NE49 0LU Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £159,163 |
| April 2025 | 1.2% | £154,257 |
| April 2024 | 2.1% | £152,405 |
| April 2023 | 3.3% | £149,242 |
| April 2022 | 4% | £144,407 |
| April 2021 | 14.4% | £138,812 |
| April 2020 | 0.3% | £121,380 |
| April 2019 | 0.2% | £121,040 |
| April 2018 | 5.3% | £120,852 |
| April 2017 | -2.3% | £114,761 |
| April 2016 | 2.6% | £117,450 |
| April 2015 | 1.3% | £114,462 |
| April 2014 | -3.8% | £112,941 |
| April 2013 | -1.3% | £117,369 |
| April 2012 | 5.8% | £118,952 |
| April 2011 | -1.7% | £112,475 |
| April 2010 | -4.2% | £114,406 |
| April 2009 | -9.5% | £119,449 |
| April 2008 | 3.1% | £132,061 |
| April 2007 | 0% | £128,085 |
The current average rental value in the postcode is £877.
The NE49 0LU Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £877pcm |
| April 2025 | 8.9% | £842pcm |
| April 2024 | 7% | £773pcm |
| April 2023 | 8% | £722pcm |
| April 2022 | 11.1% | £669pcm |
| April 2021 | 4.2% | £602pcm |
| April 2020 | 1.8% | £577pcm |
| April 2019 | -0.4% | £567pcm |
| April 2018 | 2.6% | £570pcm |
| April 2017 | 0.1% | £555pcm |
| April 2016 | 3.7% | £554pcm |
| April 2015 | -1.2% | £535pcm |
| April 2014 | 2.2% | £541pcm |
| April 2013 | 0% | £529pcm |
| April 2012 | -0.4% | £529pcm |
| April 2011 | 0.1% | £531pcm |
| April 2010 | 1.2% | £531pcm |
| April 2009 | -6.1% | £525pcm |
| April 2008 | 3.2% | £559pcm |
| April 2007 | 0% | £541pcm |
The last sale was on 25th January 2023 for £150,000 and since then the market in the area has increased by 6.9%. The postcode has had a total of 10 sales since 1995.
NE49 0LU has seen 1 sale in the last three years and no sales in the last twelve months.
NE49 0LU is the 539th largest and the 160th most expensive postcode out of the 1,032 postcodes in the NE49 area.
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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 NE49 0LU, 50.0% of property is privately owned outright and 32.2% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 NE49 0LU, 13.5% of residents are recorded as possessing school level qualifications and 37.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE49 0LU, the average age was 48.3 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 NE49 0LU, 1.0% 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 NE49 0LU, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.