Southgate Wood - NE61 2EN
Key Postcode Insights
NE61 2EN is a residential postcode situated on Southgate Wood, Morpeth, NE61 with 20 addresses.
It ranks as the 1068th largest and 1329th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £763,658
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £2,542pcm
- 10 Year change
- up 49.5%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
NE61 2EN is a residential postcode situated on Southgate Wood, Morpeth, NE61 with 20 addresses.
It ranks as the 1068th largest and 1329th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £763,658
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £2,542pcm
- 10 Year change
- up 49.5%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin NE61 2EN
- 1 Southgate Wood
5 Bed Modern House
- 2 Southgate Wood
Unknown
- 3 Southgate Wood
4 Bed Modern House
- 4 Southgate Wood
4 Bed House
- 5 Southgate Wood
5 Bed Modern House
Sales Market Trends
The last sale in NE61 2EN sold for £840,000 on 4th August 2023. Since then prices are up an average of 9.9%.
The current average value in the postcode is £763,658.
The NE61 2EN Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £763,658 |
| June 2025 | 2.3% | £749,003 |
| June 2024 | 5.1% | £732,202 |
| June 2023 | 4.2% | £696,904 |
| June 2022 | 8.9% | £668,805 |
| June 2021 | 2.2% | £614,298 |
| June 2020 | 4.8% | £600,869 |
| June 2019 | 0.8% | £573,080 |
| June 2018 | 1.7% | £568,665 |
| June 2017 | 0.6% | £558,921 |
| June 2016 | 3.6% | £555,803 |
| June 2015 | 3% | £536,359 |
| June 2014 | 2.9% | £520,703 |
| June 2013 | -1.6% | £505,867 |
| June 2012 | -0.5% | £514,021 |
| June 2011 | -4.3% | £516,548 |
| June 2010 | 9.3% | £539,936 |
| June 2009 | -7.2% | £493,899 |
| June 2008 | 4.2% | £532,072 |
| June 2007 | 0% | £510,776 |
Rental Market Trends
The current average rental value in the postcode is £2,542.
The NE61 2EN Rental Market has increased by 49.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £2,542pcm |
| June 2025 | 4.2% | £2,509pcm |
| June 2024 | 8.8% | £2,408pcm |
| June 2023 | 8.9% | £2,213pcm |
| June 2022 | 8.5% | £2,032pcm |
| June 2021 | 8% | £1,872pcm |
| June 2020 | -0.7% | £1,734pcm |
| June 2019 | 0.9% | £1,745pcm |
| June 2018 | 1.4% | £1,730pcm |
| June 2017 | 0.4% | £1,707pcm |
| June 2016 | 2.6% | £1,700pcm |
| June 2015 | 0.9% | £1,657pcm |
| June 2014 | 2.9% | £1,641pcm |
| June 2013 | 0.5% | £1,596pcm |
| June 2012 | -0.7% | £1,588pcm |
| June 2011 | 0.7% | £1,599pcm |
| June 2010 | 5.5% | £1,588pcm |
| June 2009 | -4.6% | £1,506pcm |
| June 2008 | 4.8% | £1,578pcm |
| June 2007 | 0% | £1,506pcm |
Sales History
The last sale was on 4th August 2023 for £840,000 and since then the market in the area has increased by 9.9%. The postcode has had a total of 30 sales since 1995.
NE61 2EN has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2023£840,000 | 5 Bed House8, Southgate Wood, Morpeth, NE61 2EN8, Southgate Wood, Morpeth, NE61 2EN
- Sold Apr 2023£775,000 | 5 Bed House15, Southgate Wood, Morpeth, NE61 2EN15, Southgate Wood, Morpeth, NE61 2EN
- Sold Apr 2022£725,023 | 5 Bed House21, Southgate Wood, Morpeth, NE61 2EN21, Southgate Wood, Morpeth, NE61 2EN
- Sold Aug 2021£700,000 | 4 Bed House9, Southgate Wood, Morpeth, NE61 2EN9, Southgate Wood, Morpeth, NE61 2EN
- Sold Apr 2018£476,500 | 4 Bed House14, Southgate Wood, Morpeth, NE61 2EN14, Southgate Wood, Morpeth, NE61 2EN
Nearby Postcodes
NE61 2EN is the 1068th largest and the 1329th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2BW, Southgate Mews, Morpeth, NE61NE61 2BW37 Addresses|111 m away
- NE61 2EB, Southgate Wood, Morpeth, NE61NE61 2EB1 Addresses|115 m away
- NE61 2FL, Pelican Court, Collingwood Manor, Morpeth, NE61NE61 2FL10 Addresses|142 m away
- NE61 2FJ, Badger Court, Collingwood Manor, Morpeth, NE61NE61 2FJ5 Addresses|162 m away
- NE61 2DX, Hepscott, Morpeth, NE61NE61 2DX3 Addresses|187 m away
Property Types
- 13 modern houses built after 1980
- 3 houses of an unknown age
- 4 other addresses of unknown type
- modern house (13)
- house (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (10)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Aug 2023£840,000 | 5 Bed House8, Southgate Wood, Morpeth, NE61 2EN8, Southgate Wood, Morpeth, NE61 2EN
- Sold Apr 2023£775,000 | 5 Bed House15, Southgate Wood, Morpeth, NE61 2EN15, Southgate Wood, Morpeth, NE61 2EN
- Sold Apr 2022£725,023 | 5 Bed House21, Southgate Wood, Morpeth, NE61 2EN21, Southgate Wood, Morpeth, NE61 2EN
Schools Nearby
- Morpeth First School400 m away
- Morpeth Stobhillgate First School1.2 km away
- Abbeyfields First School1.8 km away
- The King Edward VI School2.7 km away
- St Benet Biscop Catholic Academy5.5 km away
- Ashington Academy7.4 km away
More reading links
Public Transport Nearby
The closest station to NE61 2EN is Morpeth station, which is 1.3 kilometres away.
- Morpeth|1.3 km away
- Pegswood|3.9 km away
- Bedlington|7.5 km away
- Ashington|8.0 km away
