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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 1TZHouse Prices / North East, Northumberland, Lancaster Terrace
Last updated May 2026
Key Postcode Insights
NE61 1TZ is a residential postcode situated on Lancaster Terrace, Morpeth, NE61 with 7 addresses.
It ranks as the 558th largest and 174th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
NE61 1TZ is a residential postcode situated on Lancaster Terrace, Morpeth, NE61 with 7 addresses.
It ranks as the 558th largest and 174th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin NE61 1TZ
Sale prices range from £123,896 for 2 bedroom freehold houses with a garden (559 ft2) to £160,694 for 3 bedroom freehold houses with a garden (828 ft2) .
Monthly rental prices range from £902 pcm for 2 bed houses to £1,109 pcm for 3 bed houses.
The gross rental yield is between 8.3% and 8.9%.
The average value per square foot is £221.
Average Sale Value
£132,853
Average Rental Value
£965 pcm
Average Rental Yield
8.7% /year
Average Value Per Sqft
£221 /ft2
Sales Market Trendsin NE61 1TZ
The last sale in NE61 1TZ sold for £61,000 on 10th January 2025. Since then prices are up an average of 6.2%.
The current average value in the postcode is £132,853.
The NE61 1TZ Sales Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £132,853 |
| April 2025 | 5.4% | £127,118 |
| April 2024 | 5.1% | £120,579 |
| April 2023 | 3.2% | £114,686 |
| April 2022 | 9.6% | £111,177 |
| April 2021 | 3.1% | £101,475 |
| April 2020 | 5.2% | £98,389 |
| April 2019 | 1% | £93,546 |
| April 2018 | 2.2% | £92,607 |
| April 2017 | 1.6% | £90,635 |
| April 2016 | 3.3% | £89,244 |
| April 2015 | 1.9% | £86,354 |
| April 2014 | 3.8% | £84,753 |
| April 2013 | -5.6% | £81,636 |
| April 2012 | 1.1% | £86,437 |
| April 2011 | -4.4% | £85,504 |
| April 2010 | 3.4% | £89,426 |
| April 2009 | -10.8% | £86,462 |
| April 2008 | 4.4% | £96,938 |
| April 2007 | 0% | £92,849 |
Rental Market Trendsin NE61 1TZ
The current average rental value in the postcode is £965.
The NE61 1TZ Rental Market has increased by 63.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.4% | £965pcm |
| April 2025 | 8.5% | £916pcm |
| April 2024 | 8.3% | £844pcm |
| April 2023 | 7.4% | £779pcm |
| April 2022 | 9.5% | £725pcm |
| April 2021 | 7.8% | £662pcm |
| April 2020 | 2.3% | £615pcm |
| April 2019 | 0% | £601pcm |
| April 2018 | 0.8% | £601pcm |
| April 2017 | 1% | £596pcm |
| April 2016 | 2% | £591pcm |
| April 2015 | 0.8% | £579pcm |
| April 2014 | 1.2% | £575pcm |
| April 2013 | 0.5% | £568pcm |
| April 2012 | 0.2% | £565pcm |
| April 2011 | -0.7% | £564pcm |
| April 2010 | -0.6% | £568pcm |
| April 2009 | -5.8% | £571pcm |
| April 2008 | 2.6% | £606pcm |
| April 2007 | 0% | £591pcm |
Explore Propertiesin NE61 1TZ, Lancaster Terrace, Morpeth, NE61
- 1, Lancaster Terrace, Morpeth, NE61 1TZ2 bed period house
- 2, Lancaster Terrace, Morpeth, NE61 1TZ3 bed period house
- 3, Lancaster Terrace, Morpeth, NE61 1TZ
- 4, Lancaster Terrace, Morpeth, NE61 1TZ3 bed period house
- 5, Lancaster Terrace, Morpeth, NE61 1TZ
- 6, Lancaster Terrace, Morpeth, NE61 1TZ
- 7, Lancaster Terrace, Morpeth, NE61 1TZ2 bed period house
Sales Historyin NE61 1TZ
The last sale was on 10th January 2025 for £61,000 and since then the market in the area has increased by 6.2%. The postcode has had a total of 10 sales since 1995.
NE61 1TZ has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Jan 2025£61,000 | 2 Bed HouseLancaster Terrace7, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Mar 2023£105,000 | 2 Bed HouseLancaster Terrace1, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Feb 2023£110,000 | 3 Bed HouseLancaster Terrace4, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Nov 2022£123,000 | 3 Bed HouseLancaster Terrace2, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Jul 2016£89,000 | 2 Bed HouseLancaster Terrace1, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Jan 2016£84,000 | 3 Bed HouseLancaster Terrace2, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Jun 2003£65,000 | 2 Bed HouseLancaster Terrace1, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Oct 2001£45,450 | 3 Bed HouseLancaster Terrace5, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Aug 1997£22,000 | 2 Bed HouseLancaster Terrace7, Lancaster Terrace, Morpeth, NE61 1TZ
Sold Sep 1995£22,500 | 3 Bed HouseLancaster Terrace4, Lancaster Terrace, Morpeth, NE61 1TZ
Nearby Postcodesto NE61 1TZ
NE61 1TZ is the 558th largest and the 174th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- 36 mNE61 1UA, Crawford Terrace, Morpeth, NE61NE61 1UA9 Addresses
- 37 mNE61 1TY, Reid Street, Morpeth, NE61NE61 1TY17 Addresses
- 65 mNE61 1TX, Queen Street, Morpeth, NE61NE61 1TX12 Addresses
- 107 mNE61 1TG, Crawford Cottages, Morpeth, NE61NE61 1TG6 Addresses
- 113 mNE61 1UG, California Gardens, Morpeth, NE61NE61 1UG10 Addresses
- 118 mNE61 1UE, Watson Terrace, Morpeth, NE61NE61 1UE10 Addresses
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Property Typesin NE61 1TZ
- 4 period houses built between 1800 and 1911
- 3 other addresses of unknown type
- period house (4)
- Unknown (3)
Energy Efficiencyof properties in NE61 1TZ
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Saleson Lancaster Terrace
Schools Nearbyto NE61 1TZ
The nearest primary school to NE61 1TZ is St Roberts Catholic First School, Morpeth which is 785 metres away.
- 785mSt Roberts Catholic First School, Morpeth
- 1.0kmMorpeth Stobhillgate First School
- 1.3kmAbbeyfields First School
The nearest secondary school is The King Edward VI School which is 1.1 kilometres away.
- 1.1kmThe King Edward VI School
- 6.2kmSt Benet Biscop Catholic Academy
- 6.5kmAshington Academy
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Public Transport Nearbyto NE61 1TZ
The closest station to NE61 1TZ is Morpeth station which is 600 metres away.
- 645mMorpeth
- 2.5kmPegswood
- 7.0kmAshington
- 7.7kmBedlington
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