New Market - NE61 1PS
Key Postcode Insights
NE61 1PS is a residential postcode situated on New Market, Morpeth, NE61 with 1 addresses.
It ranks as the 7th largest and 818th most expensive of the 1,363 postcodes in the NE61 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £354,574
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,633pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NE61 1PS is a residential postcode situated on New Market, Morpeth, NE61 with 1 addresses.
It ranks as the 7th largest and 818th most expensive of the 1,363 postcodes in the NE61 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £354,574
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,633pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Sales Market Trends
The current average value in the postcode is £354,574.
The NE61 1PS Sales Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £354,574 |
| June 2025 | 3% | £345,183 |
| June 2024 | 5.8% | £335,248 |
| June 2023 | 3.6% | £316,733 |
| June 2022 | 9.7% | £305,582 |
| June 2021 | 1.6% | £278,549 |
| June 2020 | 5.3% | £274,176 |
| June 2019 | 0.5% | £260,317 |
| June 2018 | 1.7% | £259,040 |
| June 2017 | 0.8% | £254,726 |
| June 2016 | 3.5% | £252,645 |
| June 2015 | 3.1% | £244,147 |
| June 2014 | 3.1% | £236,808 |
| June 2013 | -2.5% | £229,756 |
| June 2012 | 0% | £235,715 |
| June 2011 | -4.8% | £235,666 |
| June 2010 | 9.1% | £247,646 |
| June 2009 | -7.6% | £226,995 |
| June 2008 | 4.1% | £245,556 |
| June 2007 | 0% | £235,833 |
Rental Market Trends
The current average rental value in the postcode is £1,633.
The NE61 1PS Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,633pcm |
| June 2025 | 4.8% | £1,600pcm |
| June 2024 | 9.3% | £1,527pcm |
| June 2023 | 8.5% | £1,397pcm |
| June 2022 | 9.2% | £1,288pcm |
| June 2021 | 7.6% | £1,179pcm |
| June 2020 | -0.3% | £1,096pcm |
| June 2019 | 0.5% | £1,100pcm |
| June 2018 | 1.3% | £1,094pcm |
| June 2017 | 0.7% | £1,080pcm |
| June 2016 | 2.3% | £1,072pcm |
| June 2015 | 1% | £1,048pcm |
| June 2014 | 3% | £1,038pcm |
| June 2013 | -0.3% | £1,007pcm |
| June 2012 | -0.2% | £1,010pcm |
| June 2011 | 0.2% | £1,012pcm |
| June 2010 | 5% | £1,010pcm |
| June 2009 | -5.2% | £962pcm |
| June 2008 | 4.4% | £1,015pcm |
| June 2007 | 0% | £972pcm |
Nearby Postcodes
NE61 1PS is the 7th largest and the 818th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 1LA, New Market, Morpeth, NE61NE61 1LA3 Addresses|26 m away
- NE61 1PY, Oldgate, Morpeth, NE61NE61 1PY3 Addresses|43 m away
- NE61 1LY, Clock Tower Flats, Morpeth, NE61NE61 1LY8 Addresses|65 m away
- NE61 1LB, Richard Hollon Court, Morpeth, NE61NE61 1LB17 Addresses|73 m away
- NE61 1HE, Market Place West, Morpeth, NE61NE61 1HE1 Addresses|76 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- St Roberts Catholic First School, Morpeth100 m away
- Abbeyfields First School600 m away
- Morpeth All Saints Church of England First School1.3 km away
- The King Edward VI School900 m away
- St Benet Biscop Catholic Academy6.7 km away
- Ashington Academy7.2 km away
More reading links
Public Transport Nearby
The closest station to NE61 1PS is Morpeth station, which is 700 metres away.
- Morpeth|700 m away
- Pegswood|3.2 km away
- Ashington|7.7 km away
- Bedlington|8.3 km away