Spelvit Lane - NE61 2AB
Key Postcode Insights
NE61 2AB is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 11 addresses.
It ranks as the 800th largest and 539th 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 11 properties: 11 houses.
- Ave. Sale Price
- £221,710
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,125pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £419/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NE61 2AB is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 11 addresses.
It ranks as the 800th largest and 539th 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 11 properties: 11 houses.
- Ave. Sale Price
- £221,710
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,125pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £419/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NE61 2AB
- 34 Spelvit Lane
3 Bed Early-century House
- 36 Spelvit Lane
Unknown
- 38 Spelvit Lane
Unknown
- 40 Spelvit Lane
Unknown
- 42 Spelvit Lane
Unknown
Sales Market Trends
The last sale in NE61 2AB sold for £275,000 on 30th August 2024. Since then prices are up an average of 8.6%.
The current average value in the postcode is £221,710.
The NE61 2AB Sales Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £221,710 |
| June 2025 | 4.8% | £211,831 |
| June 2024 | 6.5% | £202,056 |
| June 2023 | 2.4% | £189,787 |
| June 2022 | 10.9% | £185,271 |
| June 2021 | 3.1% | £167,043 |
| June 2020 | 5.4% | £161,966 |
| June 2019 | 0.2% | £153,649 |
| June 2018 | 2.8% | £153,411 |
| June 2017 | 0.3% | £149,276 |
| June 2016 | 3% | £148,872 |
| June 2015 | 2.6% | £144,502 |
| June 2014 | 3.1% | £140,874 |
| June 2013 | -3.5% | £136,649 |
| June 2012 | 0.4% | £141,664 |
| June 2011 | -6% | £141,140 |
| June 2010 | 5.7% | £150,138 |
| June 2009 | -10.5% | £141,983 |
| June 2008 | 1.8% | £158,554 |
| June 2007 | 0% | £155,679 |
Rental Market Trends
The current average rental value in the postcode is £1,125.
The NE61 2AB Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,125pcm |
| June 2025 | 6.7% | £1,081pcm |
| June 2024 | 10% | £1,013pcm |
| June 2023 | 7.2% | £921pcm |
| June 2022 | 10.5% | £860pcm |
| June 2021 | 9.1% | £778pcm |
| June 2020 | -0.2% | £713pcm |
| June 2019 | 0.2% | £715pcm |
| June 2018 | 2.4% | £713pcm |
| June 2017 | 0.1% | £696pcm |
| June 2016 | 1.9% | £696pcm |
| June 2015 | 0.5% | £683pcm |
| June 2014 | 3% | £679pcm |
| June 2013 | -1.3% | £659pcm |
| June 2012 | 0.1% | £668pcm |
| June 2011 | -1% | £667pcm |
| June 2010 | 1.8% | £674pcm |
| June 2009 | -8.1% | £662pcm |
| June 2008 | 2.2% | £721pcm |
| June 2007 | 0% | £705pcm |
Sales History
The last sale was on 30th August 2024 for £275,000 and since then the market in the area has increased by 8.6%. The postcode has had a total of 16 sales since 1995.
NE61 2AB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£275,000 | 3 Bed House52, Spelvit Lane, Morpeth, NE61 2AB52, Spelvit Lane, Morpeth, NE61 2AB
- Sold Oct 2022£260,000 | 3 Bed House52, Spelvit Lane, Morpeth, NE61 2AB52, Spelvit Lane, Morpeth, NE61 2AB
- Sold Jun 2020£198,000 | 3 Bed House54, Spelvit Lane, Morpeth, NE61 2AB54, Spelvit Lane, Morpeth, NE61 2AB
- Sold Sep 2014£134,200 | 3 Bed House34, Spelvit Lane, Morpeth, NE61 2AB34, Spelvit Lane, Morpeth, NE61 2AB
- Sold Sep 2014£134,200 | 3 Bed House34, Spelvit Lane, Morpeth, NE61 2AB34, Spelvit Lane, Morpeth, NE61 2AB
Nearby Postcodes
NE61 2AB is the 800th largest and the 539th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2RQ, Crawhall Crescent, Morpeth, NE61NE61 2RQ12 Addresses|57 m away
- NE61 2RG, Westfield, Morpeth, NE61NE61 2RG16 Addresses|69 m away
- NE61 2AA, Spelvit Lane, Morpeth, NE61NE61 2AA8 Addresses|77 m away
- NE61 2RE, Priors Walk, Morpeth, NE61NE61 2RE8 Addresses|93 m away
- NE61 2AD, Green Acres, Morpeth, NE61NE61 2AD26 Addresses|112 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (4)
- house (1)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (2)
- No EPC (6)
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, Morpeth1.0 km away
- Morpeth First School1.1 km away
- The King Edward VI School1.7 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 2AB is Morpeth station, which is 1.1 kilometres away.
- Morpeth|1.1 km away
- Pegswood|4.0 km away
- Ashington|8.4 km away
- Bedlington|8.6 km away
