The Chip - NE61 2DR
Key Street Insights
The Chip is a residential street with 8 addresses.
It ranks as the 222nd largest and 377th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £268,742
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,455pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
The Chip is a residential street with 8 addresses.
It ranks as the 222nd largest and 377th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £268,742
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,455pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertieson The Chip, Loansdean, Morpeth, NE61
- 1 The Chip
3 Bed Mid-century House
- 2 The Chip
3 Bed Mid-century House
- 3 The Chip
3 Bed Mid-century House
- 4 The Chip
House
- 5 The Chip
3 Bed Mid-century House
Sales Market Trends
The last sale on The Chip sold for £262,000 on 6th December 2024. Since then prices are up an average of 5.5%.
The current average value in the street is £268,742.
The The Chip Sales Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £268,742 |
| June 2025 | 3.2% | £260,725 |
| June 2024 | 5.6% | £252,600 |
| June 2023 | 3.6% | £239,108 |
| June 2022 | 9.8% | £230,848 |
| June 2021 | 2% | £210,172 |
| June 2020 | 5.3% | £206,062 |
| June 2019 | 0.4% | £195,732 |
| June 2018 | 1.8% | £194,988 |
| June 2017 | 0.8% | £191,535 |
| June 2016 | 3.2% | £189,948 |
| June 2015 | 3% | £184,066 |
| June 2014 | 3.1% | £178,712 |
| June 2013 | -2.5% | £173,283 |
| June 2012 | 0% | £177,781 |
| June 2011 | -5% | £177,725 |
| June 2010 | 8.3% | £187,076 |
| June 2009 | -8.2% | £172,685 |
| June 2008 | 3.4% | £188,111 |
| June 2007 | 0% | £181,872 |
Rental Market Trends
The current average rental value in the street is £1,455.
The The Chip Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,455pcm |
| June 2025 | 5.1% | £1,421pcm |
| June 2024 | 9.4% | £1,352pcm |
| June 2023 | 8.3% | £1,235pcm |
| June 2022 | 9.5% | £1,141pcm |
| June 2021 | 7.7% | £1,042pcm |
| June 2020 | -0.3% | £967pcm |
| June 2019 | 0.5% | £970pcm |
| June 2018 | 1.5% | £965pcm |
| June 2017 | 0.6% | £952pcm |
| June 2016 | 2.2% | £945pcm |
| June 2015 | 0.9% | £925pcm |
| June 2014 | 3% | £917pcm |
| June 2013 | -0.5% | £889pcm |
| June 2012 | -0.1% | £894pcm |
| June 2011 | 0% | £895pcm |
| June 2010 | 4.5% | £895pcm |
| June 2009 | -5.6% | £857pcm |
| June 2008 | 4% | £908pcm |
| June 2007 | 0% | £873pcm |
Sales History
The last sale was on 6th December 2024 for £262,000 and since then the market in the area has increased by 5.5%. The street has had a total of 14 sales since 1995.
The Chip, Loansdean, Morpeth, NE61 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£262,000 | 3 Bed House7, The Chip, Morpeth, NE61 2DR7, The Chip, Morpeth, NE61 2DR
- Sold Jun 2023£230,000 | 3 Bed House5, The Chip, Morpeth, NE61 2DR5, The Chip, Morpeth, NE61 2DR
- Sold Dec 2021£210,000 | 3 Bed House6, The Chip, Morpeth, NE61 2DR6, The Chip, Morpeth, NE61 2DR
- Sold Oct 2020£265,000 | 3 Bed House1, The Chip, Morpeth, NE61 2DR1, The Chip, Morpeth, NE61 2DR
- Sold Nov 2019£195,000 | 3 Bed House8, The Chip, Morpeth, NE61 2DR8, The Chip, Morpeth, NE61 2DR
Top 3 Most Expensive Sales
Nearby Streets
The Chip, Loansdean, Morpeth, NE61 is the 222nd largest and the 377th most expensive street in the NE61 area.
- The Fairway, Loansdean, Morpeth, NE6145 Addresses|56 m away
- Triumph Green, Collingwood Manor, Morpeth, NE6117 Addresses|62 m away
- Mermaid Close, Collingwood Manor, Morpeth, NE6117 Addresses|68 m away
- The Turn, Loansdean, Morpeth, NE6146 Addresses|118 m away
- Baron Lane, Collingwood Manor, Morpeth, NE6114 Addresses|120 m away
- Preston Square, Collingwood Manor, Morpeth, NE6116 Addresses|126 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (1)
Schools Nearby
- Morpeth First School400 m away
- Morpeth Stobhillgate First School1.4 km away
- Abbeyfields First School1.5 km away
- The King Edward VI School2.5 km away
- St Benet Biscop Catholic Academy5.9 km away
- Ashington Academy7.6 km away
More reading links
Public Transport Nearby
The closest station to The Chip, Loansdean, Morpeth, NE61 - NE61 2DR is Morpeth station, which is 1.2 kilometres away.
- Morpeth|1.2 km away
- Pegswood|4.1 km away
- Bedlington|7.9 km away
