First Avenue - NE61 2ER
Key Postcode Insights
NE61 2ER is a residential postcode situated on First Avenue, Morpeth, NE61 with 5 addresses.
It ranks as the 422nd largest and 132nd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £108,095
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £779pcm
- 10 Year change
- up 37.2%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
NE61 2ER is a residential postcode situated on First Avenue, Morpeth, NE61 with 5 addresses.
It ranks as the 422nd largest and 132nd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £108,095
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £779pcm
- 10 Year change
- up 37.2%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin NE61 2ER
- 1 First Avenue
Building | 2 Flats
- 8A First Avenue
Unknown
- 10 First Avenue
Building | 2 Flats
Sales Market Trends
The last sale in NE61 2ER sold for £35,000 on 13th June 2022. Since then prices are up an average of 14.0%.
The current average value in the postcode is £108,095.
The NE61 2ER Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £108,095 |
| June 2025 | 2.4% | £105,358 |
| June 2024 | 7.1% | £102,938 |
| June 2023 | 1.4% | £96,116 |
| June 2022 | 8.4% | £94,830 |
| June 2021 | -0.5% | £87,494 |
| June 2020 | 4.1% | £87,947 |
| June 2019 | -0.2% | £84,470 |
| June 2018 | 0% | £84,677 |
| June 2017 | -1% | £84,700 |
| June 2016 | 2.4% | £85,578 |
| June 2015 | 1.1% | £83,591 |
| June 2014 | 1% | £82,677 |
| June 2013 | -4% | £81,870 |
| June 2012 | -0.5% | £85,288 |
| June 2011 | -5.8% | £85,703 |
| June 2010 | 3.6% | £91,012 |
| June 2009 | -10.2% | £87,833 |
| June 2008 | 1.5% | £97,863 |
| June 2007 | 0% | £96,461 |
Rental Market Trends
The current average rental value in the postcode is £779.
The NE61 2ER Rental Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £779pcm |
| June 2025 | 4.2% | £764pcm |
| June 2024 | 10.7% | £733pcm |
| June 2023 | 6% | £662pcm |
| June 2022 | 8% | £625pcm |
| June 2021 | 5.2% | £579pcm |
| June 2020 | -1.4% | £550pcm |
| June 2019 | -0.2% | £558pcm |
| June 2018 | -0.4% | £559pcm |
| June 2017 | -1.2% | £561pcm |
| June 2016 | 1.3% | £568pcm |
| June 2015 | -0.9% | £561pcm |
| June 2014 | 0.9% | £566pcm |
| June 2013 | -1.9% | £561pcm |
| June 2012 | -0.7% | £571pcm |
| June 2011 | -0.9% | £575pcm |
| June 2010 | -0.2% | £580pcm |
| June 2009 | -7.9% | £581pcm |
| June 2008 | 1.8% | £631pcm |
| June 2007 | 0% | £620pcm |
Sales History
The last sale was on 13th June 2022 for £35,000 and since then the market in the area has increased by 14.0%. The postcode has had a total of 4 sales since 1995.
NE61 2ER has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£35,000 | 1 Bed Flat10, First Avenue, Morpeth, NE61 2ER10, First Avenue, Morpeth, NE61 2ER
- Sold Oct 2006£137,500 | 2 Bed Flat1A, First Avenue, Morpeth, NE61 2ER1A, First Avenue, Morpeth, NE61 2ER
- Sold Jun 2006£40,000 | 2 Bed Flat10A, First Avenue, Morpeth, NE61 2ER10A, First Avenue, Morpeth, NE61 2ER
- Sold Mar 2006£60,000 | 2 Bed Flat1A, First Avenue, Morpeth, NE61 2ER1A, First Avenue, Morpeth, NE61 2ER
Nearby Postcodes
NE61 2ER is the 422nd largest and the 132nd most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2ES, First Avenue, Morpeth, NE61NE61 2ES8 Addresses|48 m away
- NE61 2SA, Shields Road, Morpeth, NE61NE61 2SA29 Addresses|75 m away
- NE61 2HZ, Third Avenue, Morpeth, NE61NE61 2HZ36 Addresses|82 m away
- NE61 2SB, Shields Road, Morpeth, NE61NE61 2SB13 Addresses|94 m away
- NE61 2HJ, Fourth Avenue, Morpeth, NE61NE61 2HJ29 Addresses|106 m away
Property Types
- 4 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2006£137,500 | 2 Bed Flat1A, First Avenue, Morpeth, NE61 2ER1A, First Avenue, Morpeth, NE61 2ER
- Sold Sep 2022£125,000 | 3 Bed House18, First Avenue, Morpeth, NE61 2ES18, First Avenue, Morpeth, NE61 2ES
- Sold Aug 2006£90,000 | 3 Bed House18, First Avenue, Morpeth, NE61 2ES18, First Avenue, Morpeth, NE61 2ES
Schools Nearby
- Morpeth Stobhillgate First School300 m away
- Morpeth First School700 m away
- St Roberts Catholic First School, Morpeth1.3 km away
- The King Edward VI School1.9 km away
- St Benet Biscop Catholic Academy5.6 km away
- Ashington Academy6.6 km away
More reading links
Public Transport Nearby
The closest station to NE61 2ER is Morpeth station, which is 400 metres away.
- Morpeth|400 m away
- Pegswood|2.9 km away
- Ashington|7.2 km away
- Bedlington|7.2 km away
