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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE61 1LYHouse Prices / North East, Northumberland, Clock Tower Flats
Last updated May 2026
Key Postcode Insights
NE61 1LY is a residential postcode situated on Clock Tower Flats, Morpeth, NE61 with 8 addresses.
It ranks as the 611th largest and 26th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 flats.
8
Properties
- Flats
Key Postcode Insights
NE61 1LY is a residential postcode situated on Clock Tower Flats, Morpeth, NE61 with 8 addresses.
It ranks as the 611th largest and 26th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 flats.
8
Properties
- Flats
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House Pricesin NE61 1LY
Sale prices range from £57,134 for 1 bedroom leasehold flats with a garden (344 ft2) to £92,674 for 3 bedroom leasehold flats with a garden (1,011 ft2) .
Monthly rental prices range from £423 pcm for 1 bed flats to £684 pcm for 3 bed flats.
The gross rental yield is between 8.9% and 9.1%.
The average value per square foot is £120.
Average Sale Value
£71,645
Average Rental Value
£533 pcm
Average Rental Yield
8.9% /year
Average Value Per Sqft
£120 /ft2
Sales Market Trendsin NE61 1LY
The last sale in NE61 1LY sold for £95,000 on 15th August 2022. Since then prices are up an average of 16.0%.
The current average value in the postcode is £71,645.
The NE61 1LY Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £71,645 |
| April 2025 | 2.6% | £69,938 |
| April 2024 | 5.2% | £68,157 |
| April 2023 | 2.2% | £64,793 |
| April 2022 | 7.8% | £63,381 |
| April 2021 | -0.4% | £58,795 |
| April 2020 | 4% | £59,017 |
| April 2019 | 1.3% | £56,738 |
| April 2018 | 0% | £56,027 |
| April 2017 | 0.3% | £56,039 |
| April 2016 | 2.3% | £55,862 |
| April 2015 | 0.7% | £54,605 |
| April 2014 | 1.8% | £54,247 |
| April 2013 | -6.4% | £53,304 |
| April 2012 | 1.1% | £56,920 |
| April 2011 | -4.5% | £56,325 |
| April 2010 | 2.5% | £58,954 |
| April 2009 | -9.5% | £57,510 |
| April 2008 | 3.8% | £63,514 |
| April 2007 | 0% | £61,210 |
Rental Market Trendsin NE61 1LY
The current average rental value in the postcode is £533.
The NE61 1LY Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £533pcm |
| April 2025 | 5.6% | £516pcm |
| April 2024 | 8.4% | £488pcm |
| April 2023 | 6.4% | £450pcm |
| April 2022 | 7.8% | £423pcm |
| April 2021 | 4.1% | £393pcm |
| April 2020 | 1.1% | £377pcm |
| April 2019 | 0.2% | £373pcm |
| April 2018 | -1.4% | £372pcm |
| April 2017 | -0.3% | £377pcm |
| April 2016 | 1% | £378pcm |
| April 2015 | -0.5% | £375pcm |
| April 2014 | -0.8% | £376pcm |
| April 2013 | -0.3% | £379pcm |
| April 2012 | 0.1% | £381pcm |
| April 2011 | -0.8% | £380pcm |
| April 2010 | -1.5% | £383pcm |
| April 2009 | -4.3% | £389pcm |
| April 2008 | 1.9% | £406pcm |
| April 2007 | 0% | £399pcm |
Explore Propertiesin NE61 1LY, Clock Tower Flats, Morpeth, NE61
- 1, Clock Tower Flats, Morpeth, NE61 1LY2 bed period flat
- 2, Clock Tower Flats, Morpeth, NE61 1LY2 bed period flat
- 3, Clock Tower Flats, Morpeth, NE61 1LY3 bed period flat
- 4, Clock Tower Flats, Morpeth, NE61 1LY
- 5, Clock Tower Flats, Morpeth, NE61 1LY1 bed period flat
- 6, Clock Tower Flats, Morpeth, NE61 1LY2 bed period flat
- 7, Clock Tower Flats, Morpeth, NE61 1LY2 bed period flat
- 8, Clock Tower Flats, Morpeth, NE61 1LY1 bed period flat
Sales Historyin NE61 1LY
The last sale was on 15th August 2022 for £95,000 and since then the market in the area has increased by 16.0%. The postcode has had a total of 13 sales since 1995.
NE61 1LY has seen no sales in the last three years and no sales in the last twelve months.
Sold Aug 2022£95,000 | 1 Bed FlatClock Tower Flats5, Clock Tower Flats, Morpeth, NE61 1LY
Sold Dec 2021£39,500 | 2 Bed FlatClock Tower Flats6, Clock Tower Flats, Morpeth, NE61 1LY
Sold Nov 2021£67,000 | 2 Bed FlatClock Tower Flats2, Clock Tower Flats, Morpeth, NE61 1LY
Sold Jun 2019£80,000 | 2 Bed FlatClock Tower Flats7, Clock Tower Flats, Morpeth, NE61 1LY
Sold Oct 2011£78,000 | 1 Bed FlatClock Tower Flats5, Clock Tower Flats, Morpeth, NE61 1LY
Sold Dec 2004£100,000 | 2 Bed FlatClock Tower Flats7, Clock Tower Flats, Morpeth, NE61 1LY
Sold Mar 2001£34,500 | 2 Bed FlatClock Tower Flats1, Clock Tower Flats, Morpeth, NE61 1LY
Sold Mar 2001£34,000 | 1 Bed FlatClock Tower Flats5, Clock Tower Flats, Morpeth, NE61 1LY
Sold Nov 1997£32,000 | 1 Bed FlatClock Tower Flats5, Clock Tower Flats, Morpeth, NE61 1LY
Sold Sep 1997£28,000 | 2 Bed FlatClock Tower Flats4, Clock Tower Flats, Morpeth, NE61 1LY
Sold Jul 1997£29,500 | 2 Bed FlatClock Tower Flats1, Clock Tower Flats, Morpeth, NE61 1LY
Sold Jul 1995£28,000 | 2 Bed FlatClock Tower Flats1, Clock Tower Flats, Morpeth, NE61 1LY
Sold Mar 1995£34,500 | 2 Bed FlatClock Tower Flats2, Clock Tower Flats, Morpeth, NE61 1LY
Nearby Postcodesto NE61 1LY
NE61 1LY is the 611th largest and the 26th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- 18 mNE61 1LX, Oldgate, Morpeth, NE61NE61 1LX3 Addresses
- 23 mNE61 1AJ, Wheatsheaf Yard, Morpeth, NE61NE61 1AJ4 Addresses
- 24 mNE61 1HE, Market Place West, Morpeth, NE61NE61 1HE1 Addresses
- 25 mNE61 1PY, Oldgate, Morpeth, NE61NE61 1PY3 Addresses
- 49 mNE61 1AL, Newgate Street, Morpeth, NE61NE61 1AL6 Addresses
- 65 mNE61 1PS, New Market, Morpeth, NE61NE61 1PS1 Addresses
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Property Typesin NE61 1LY
- 7 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (7)
- Unknown (1)
Energy Efficiencyof properties in NE61 1LY
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is E.
- A (0)
- E (5)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Saleson Clock Tower Flats
Schools Nearbyto NE61 1LY
The nearest primary school to NE61 1LY is St Roberts Catholic First School, Morpeth which is 99 metres away.
- 99mSt Roberts Catholic First School, Morpeth
- 639mAbbeyfields First School
- 1.2kmMorpeth All Saints Church of England First School
The nearest secondary school is The King Edward VI School which is 808 metres away.
- 808mThe King Edward VI School
- 6.7kmSt Benet Biscop Catholic Academy
- 7.2kmAshington Academy
More reading links
Public Transport Nearbyto NE61 1LY
The closest station to NE61 1LY is Morpeth station which is 800 metres away.
- 778mMorpeth
- 3.2kmPegswood
- 7.7kmAshington
- 8.3kmBedlington
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