NE61 2BD is a residential postcode situated on Abbey Meadows, Morpeth, NE61 with 10 addresses.
It ranks as the 734th largest and 96th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
NE61 2BD is a residential postcode situated on Abbey Meadows, Morpeth, NE61 with 10 addresses.
It ranks as the 734th largest and 96th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £102,346 for 2 bedroom leasehold flats (527 ft2) to £102,346 for 2 bedroom leasehold flats (527 ft2) .
Monthly rental prices range from £771 pcm for 2 bed flats to £771 pcm for 2 bed flats.
The gross rental yield is between 9.0% and 9.0%.
The average value per square foot is £178.
The last sale in NE61 2BD sold for £130,000 on 26th May 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £102,346.
The NE61 2BD Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £102,346 |
| April 2025 | 3.1% | £100,826 |
| April 2024 | 5.2% | £97,801 |
| April 2023 | 1.7% | £92,997 |
| April 2022 | 7.9% | £91,485 |
| April 2021 | -0.8% | £84,812 |
| April 2020 | 3.9% | £85,527 |
| April 2019 | 0.6% | £82,308 |
| April 2018 | -0.3% | £81,822 |
| April 2017 | 0% | £82,066 |
| April 2016 | 1.9% | £82,029 |
| April 2015 | 0.3% | £80,513 |
| April 2014 | 1.3% | £80,298 |
| April 2013 | -5.9% | £79,278 |
| April 2012 | 0.6% | £84,253 |
| April 2011 | -5.1% | £83,747 |
| April 2010 | 2% | £88,219 |
| April 2009 | -10% | £86,502 |
| April 2008 | 4% | £96,126 |
| April 2007 | 0% | £92,414 |
The current average rental value in the postcode is £771.
The NE61 2BD Rental Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £771pcm |
| April 2025 | 6.2% | £753pcm |
| April 2024 | 8.4% | £710pcm |
| April 2023 | 5.8% | £655pcm |
| April 2022 | 7.8% | £619pcm |
| April 2021 | 3.6% | £574pcm |
| April 2020 | 1% | £554pcm |
| April 2019 | -0.4% | £548pcm |
| April 2018 | -1.6% | £551pcm |
| April 2017 | -0.5% | £560pcm |
| April 2016 | 0.6% | £563pcm |
| April 2015 | -0.8% | £559pcm |
| April 2014 | -1.3% | £564pcm |
| April 2013 | 0.1% | £571pcm |
| April 2012 | -0.3% | £571pcm |
| April 2011 | -1.4% | £572pcm |
| April 2010 | -2% | £580pcm |
| April 2009 | -4.9% | £592pcm |
| April 2008 | 2.2% | £622pcm |
| April 2007 | 0% | £609pcm |
The last sale was on 26th May 2022 for £130,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE61 2BD has seen no sales in the last three years and no sales in the last twelve months.
NE61 2BD is the 734th largest and the 96th most expensive postcode out of the 1,363 postcodes in the NE61 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE61 2BD, 80.4% of property is socially rented and 14.3% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE61 2BD, 3.2% of residents are recorded as possessing school level qualifications and 14.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE61 2BD, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE61 2BD, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE61 2BD, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.