Spelvit Lane - NE61 2AA
Key Postcode Insights
NE61 2AA is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 8 addresses.
It ranks as the 617th largest and 637th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £291,835
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,530pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
NE61 2AA is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 8 addresses.
It ranks as the 617th largest and 637th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £291,835
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,530pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin NE61 2AA
- 35 Spelvit Lane
3 Bed House
- 37 Spelvit Lane
Unknown
- 39 Spelvit Lane
3 Bed Mid-century House
- 41 Spelvit Lane
3 Bed Mid-century House
- 43 Spelvit Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in NE61 2AA sold for £290,000 on 31st July 2024. Since then prices are up an average of 5.8%.
The current average value in the postcode is £291,835.
The NE61 2AA Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £291,835 |
| June 2025 | 3% | £283,781 |
| June 2024 | 5.7% | £275,405 |
| June 2023 | 3.6% | £260,514 |
| June 2022 | 9.7% | £251,373 |
| June 2021 | 1.8% | £229,107 |
| June 2020 | 5.3% | £224,992 |
| June 2019 | 0.5% | £213,723 |
| June 2018 | 1.8% | £212,756 |
| June 2017 | 0.8% | £209,092 |
| June 2016 | 3.4% | £207,408 |
| June 2015 | 3% | £200,666 |
| June 2014 | 3.1% | £194,741 |
| June 2013 | -2.5% | £188,907 |
| June 2012 | 0% | £193,702 |
| June 2011 | -4.9% | £193,705 |
| June 2010 | 8.8% | £203,655 |
| June 2009 | -7.8% | £187,257 |
| June 2008 | 3.8% | £203,191 |
| June 2007 | 0% | £195,772 |
Rental Market Trends
The current average rental value in the postcode is £1,530.
The NE61 2AA Rental Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,530pcm |
| June 2025 | 4.9% | £1,497pcm |
| June 2024 | 9.3% | £1,427pcm |
| June 2023 | 8.4% | £1,305pcm |
| June 2022 | 9.3% | £1,204pcm |
| June 2021 | 7.7% | £1,102pcm |
| June 2020 | -0.3% | £1,023pcm |
| June 2019 | 0.5% | £1,026pcm |
| June 2018 | 1.4% | £1,021pcm |
| June 2017 | 0.6% | £1,007pcm |
| June 2016 | 2.3% | £1,001pcm |
| June 2015 | 1% | £978pcm |
| June 2014 | 3% | £969pcm |
| June 2013 | -0.3% | £941pcm |
| June 2012 | -0.2% | £944pcm |
| June 2011 | 0.1% | £946pcm |
| June 2010 | 4.8% | £945pcm |
| June 2009 | -5.4% | £901pcm |
| June 2008 | 4.2% | £952pcm |
| June 2007 | 0% | £914pcm |
Sales History
The last sale was on 31st July 2024 for £290,000 and since then the market in the area has increased by 5.8%. The postcode has had a total of 12 sales since 1995.
NE61 2AA has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£290,000 | 3 Bed House41, Spelvit Lane, Morpeth, NE61 2AA41, Spelvit Lane, Morpeth, NE61 2AA
- Sold Jan 2024£240,000 | 3 Bed House45, Spelvit Lane, Morpeth, NE61 2AA45, Spelvit Lane, Morpeth, NE61 2AA
- Sold Nov 2023£150,000 | 3 Bed House39, Spelvit Lane, Morpeth, NE61 2AA39, Spelvit Lane, Morpeth, NE61 2AA
- Sold Mar 2023£207,000 | 3 Bed House47, Spelvit Lane, Morpeth, NE61 2AA47, Spelvit Lane, Morpeth, NE61 2AA
- Sold Jan 2023£327,500 | 4 Bed House43, Spelvit Lane, Morpeth, NE61 2AA43, Spelvit Lane, Morpeth, NE61 2AA
Nearby Postcodes
NE61 2AA is the 617th largest and the 637th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2AD, Green Acres, Morpeth, NE61NE61 2AD26 Addresses|55 m away
- NE61 2AB, Spelvit Lane, Morpeth, NE61NE61 2AB11 Addresses|77 m away
- NE61 2RQ, Crawhall Crescent, Morpeth, NE61NE61 2RQ12 Addresses|89 m away
- NE61 2AE, Swansfield, Morpeth, NE61NE61 2AE10 Addresses|91 m away
- NE61 2JT, Springhill Walk, Morpeth, NE61NE61 2JT21 Addresses|108 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- mid-century house (5)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2009£550,000 | 5 Bed HousePostern House, Spelvit Lane, Morpeth, NE61 2PRPostern House, Spelvit Lane, Morpeth, NE61 2PR
- Sold Jan 2023£327,500 | 4 Bed House43, Spelvit Lane, Morpeth, NE61 2AA43, Spelvit Lane, Morpeth, NE61 2AA
- Sold Jul 2024£290,000 | 3 Bed House41, Spelvit Lane, Morpeth, NE61 2AA41, Spelvit Lane, Morpeth, NE61 2AA
Schools Nearby
- Abbeyfields First School500 m away
- St Roberts Catholic First School, Morpeth900 m away
- Morpeth First School1.1 km away
- The King Edward VI School1.6 km away
- St Benet Biscop Catholic Academy6.8 km away
- Ashington Academy7.9 km away
More reading links
Public Transport Nearby
The closest station to NE61 2AA is Morpeth station, which is 1.1 kilometres away.
- Morpeth|1.1 km away
- Pegswood|4.0 km away
- Ashington|8.5 km away
- Bedlington|8.6 km away
