Gas House Lane - NE61 1SR
Key Postcode Insights
NE61 1SR is a residential postcode situated on Gas House Lane, Morpeth, NE61 with 7 addresses.
It ranks as the 554th largest and 220th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
- Ave. Sale Price
- £134,252
- 10 Year change
- up 35.6%
- Ave. Rental Price
- £815pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £106/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
NE61 1SR is a residential postcode situated on Gas House Lane, Morpeth, NE61 with 7 addresses.
It ranks as the 554th largest and 220th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
- Ave. Sale Price
- £134,252
- 10 Year change
- up 35.6%
- Ave. Rental Price
- £815pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £106/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin NE61 1SR
- Flat
Unknown
- Creighton House
Building | 2 Flats
- Stone Cottage
4 Bed Period House
- Summerfield House
4 Bed Period House
- The Coach House
4 Bed Modern House
Sales Market Trends
The last sale in NE61 1SR sold for £130,000 on 3rd October 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £134,252.
The NE61 1SR Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £134,252 |
| June 2025 | 2.6% | £129,768 |
| June 2024 | 6.4% | £126,519 |
| June 2023 | 2.7% | £118,859 |
| June 2022 | 9% | £115,715 |
| June 2021 | 0.7% | £106,172 |
| June 2020 | 5% | £105,458 |
| June 2019 | 0.3% | £100,462 |
| June 2018 | 1.2% | £100,141 |
| June 2017 | 0% | £98,960 |
| June 2016 | 3% | £98,991 |
| June 2015 | 2.3% | £96,087 |
| June 2014 | 2.5% | £93,971 |
| June 2013 | -3.2% | £91,694 |
| June 2012 | -0.3% | £94,756 |
| June 2011 | -5.1% | £95,059 |
| June 2010 | 6.9% | £100,123 |
| June 2009 | -9.2% | £93,635 |
| June 2008 | 2.4% | £103,083 |
| June 2007 | 0% | £100,695 |
Rental Market Trends
The current average rental value in the postcode is £815.
The NE61 1SR Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £815pcm |
| June 2025 | 4.4% | £793pcm |
| June 2024 | 9.9% | £760pcm |
| June 2023 | 7.5% | £691pcm |
| June 2022 | 8.5% | £643pcm |
| June 2021 | 6.6% | £592pcm |
| June 2020 | -0.7% | £556pcm |
| June 2019 | 0.4% | £559pcm |
| June 2018 | 0.8% | £558pcm |
| June 2017 | -0.2% | £553pcm |
| June 2016 | 1.8% | £554pcm |
| June 2015 | 0.2% | £544pcm |
| June 2014 | 2.5% | £543pcm |
| June 2013 | -1% | £530pcm |
| June 2012 | -0.6% | £535pcm |
| June 2011 | 0% | £538pcm |
| June 2010 | 2.9% | £538pcm |
| June 2009 | -6.9% | £523pcm |
| June 2008 | 2.6% | £562pcm |
| June 2007 | 0% | £547pcm |
Sales History
The last sale was on 3rd October 2025 for £130,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 4 sales since 1995.
NE61 1SR has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£130,000 | 3 Bed HouseWillows Cottage, Gas House Lane, Morpeth, NE61 1SRWillows Cottage, Gas House Lane, Morpeth, NE61 1SR
- Sold Sep 2015£256,000 | 4 Bed HouseStone Cottage, Gas House Lane, Morpeth, NE61 1SRStone Cottage, Gas House Lane, Morpeth, NE61 1SR
- Sold Jul 2015£237,500 | 4 Bed HouseStone Cottage, Gas House Lane, Morpeth, NE61 1SRStone Cottage, Gas House Lane, Morpeth, NE61 1SR
- Sold Jun 1996£112,000 | 4 Bed HouseStone Cottage, Gas House Lane, Morpeth, NE61 1SRStone Cottage, Gas House Lane, Morpeth, NE61 1SR
Nearby Postcodes
NE61 1SR is the 554th largest and the 220th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 1TQ, Alma Place, Morpeth, NE61NE61 1TQ7 Addresses|61 m away
- NE61 1TF, Wellwood Gardens, Morpeth, NE61NE61 1TF24 Addresses|71 m away
- NE61 1SP, Gas House Lane, Morpeth, NE61NE61 1SP2 Addresses|83 m away
- NE61 1AE, Mill Race Court, Morpeth, NE61NE61 1AE25 Addresses|116 m away
- NE61 1TG, Crawford Cottages, Morpeth, NE61NE61 1TG6 Addresses|116 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 1 other address of unknown type
- period house (3)
- period flat (2)
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2015£256,000 | 4 Bed HouseStone Cottage, Gas House Lane, Morpeth, NE61 1SRStone Cottage, Gas House Lane, Morpeth, NE61 1SR
- Sold Jul 2015£237,500 | 4 Bed HouseStone Cottage, Gas House Lane, Morpeth, NE61 1SRStone Cottage, Gas House Lane, Morpeth, NE61 1SR
- Sold Oct 2025£130,000 | 3 Bed HouseWillows Cottage, Gas House Lane, Morpeth, NE61 1SRWillows Cottage, Gas House Lane, Morpeth, NE61 1SR
Schools Nearby
- St Roberts Catholic First School, Morpeth600 m away
- Morpeth Stobhillgate First School1.1 km away
- Abbeyfields First School1.1 km away
- The King Edward VI School1.0 km away
- St Benet Biscop Catholic Academy6.3 km away
- Ashington Academy6.7 km away
More reading links
Public Transport Nearby
The closest station to NE61 1SR is Morpeth station, which is 600 metres away.
- Morpeth|600 m away
- Pegswood|2.7 km away
- Ashington|7.2 km away
- Bedlington|7.8 km away