Oldgate - NE61 1PY
Key Postcode Insights
NE61 1PY is a residential postcode situated on Oldgate, Morpeth, NE61 with 3 addresses.
It ranks as the 240th largest and 762nd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £350,052
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NE61 1PY is a residential postcode situated on Oldgate, Morpeth, NE61 with 3 addresses.
It ranks as the 240th largest and 762nd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £350,052
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin NE61 1PY
Sales Market Trends
The last sale in NE61 1PY sold for £20,000 on 22nd December 2022. Since then prices are up an average of 17.7%.
The current average value in the postcode is £350,052.
The NE61 1PY Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £350,052 |
| June 2025 | 3.9% | £337,617 |
| June 2024 | 6.2% | £324,993 |
| June 2023 | 3% | £306,038 |
| June 2022 | 10.3% | £297,001 |
| June 2021 | 2.3% | £269,202 |
| June 2020 | 5.4% | £263,256 |
| June 2019 | 0.3% | £249,770 |
| June 2018 | 2.2% | £248,977 |
| June 2017 | 0.6% | £243,644 |
| June 2016 | 3.3% | £242,232 |
| June 2015 | 2.9% | £234,577 |
| June 2014 | 3.1% | £228,049 |
| June 2013 | -3.1% | £221,217 |
| June 2012 | 0.2% | £228,220 |
| June 2011 | -5.4% | £227,718 |
| June 2010 | 7.5% | £240,752 |
| June 2009 | -9% | £223,956 |
| June 2008 | 3% | £245,998 |
| June 2007 | 0% | £238,744 |
Rental Market Trends
The current average rental value in the postcode is £1,388.
The NE61 1PY Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,388pcm |
| June 2025 | 5.7% | £1,347pcm |
| June 2024 | 9.6% | £1,274pcm |
| June 2023 | 7.8% | £1,162pcm |
| June 2022 | 9.8% | £1,077pcm |
| June 2021 | 8.3% | £981pcm |
| June 2020 | -0.3% | £906pcm |
| June 2019 | 0.4% | £908pcm |
| June 2018 | 1.8% | £905pcm |
| June 2017 | 0.4% | £889pcm |
| June 2016 | 2.1% | £885pcm |
| June 2015 | 0.8% | £867pcm |
| June 2014 | 3.1% | £860pcm |
| June 2013 | -0.8% | £835pcm |
| June 2012 | 0% | £842pcm |
| June 2011 | -0.4% | £842pcm |
| June 2010 | 3.5% | £845pcm |
| June 2009 | -6.6% | £817pcm |
| June 2008 | 3.3% | £875pcm |
| June 2007 | 0% | £847pcm |
Sales History
The last sale was on 22nd December 2022 for £20,000 and since then the market in the area has increased by 17.7%. The postcode has had a total of 2 sales since 1995.
NE61 1PY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE61 1PY is the 240th largest and the 762nd most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 1LY, Clock Tower Flats, Morpeth, NE61NE61 1LY8 Addresses|25 m away
- NE61 1LX, Oldgate, Morpeth, NE61NE61 1LX3 Addresses|35 m away
- NE61 1PS, New Market, Morpeth, NE61NE61 1PS1 Addresses|43 m away
- NE61 1HE, Market Place West, Morpeth, NE61NE61 1HE1 Addresses|45 m away
- NE61 1AJ, Wheatsheaf Yard, Morpeth, NE61NE61 1AJ4 Addresses|48 m away
Property Types
- 1 modern house built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2023£655,000 | 5 Bed House35, Oldgate, Morpeth, NE61 1QF35, Oldgate, Morpeth, NE61 1QF
- Sold Apr 2022£475,000 | 4 Bed HouseLaurel House, Oldgate, Morpeth, NE61 1PYLaurel House, Oldgate, Morpeth, NE61 1PY
- Sold Feb 2022£195,000 | 4 Bed House19, Oldgate, Morpeth, NE61 1QF19, Oldgate, Morpeth, NE61 1QF
Schools Nearby
- St Roberts Catholic First School, Morpeth100 m away
- Abbeyfields First School600 m away
- Morpeth All Saints Church of England First School1.2 km away
- The King Edward VI School800 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 1PY is Morpeth station, which is 800 metres away.
- Morpeth|800 m away
- Pegswood|3.2 km away
- Ashington|7.7 km away
- Bedlington|8.3 km away
