Horseshoe Way - NE61 2GP
Key Postcode Insights
NE61 2GP is a residential postcode situated on Horseshoe Way, Morpeth, NE61 with 25 addresses.
It ranks as the 1160th largest and 1087th 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 25 properties: 25 houses.
- Ave. Sale Price
- £475,668
- 10 Year change
- up 38.7%
- Ave. Rental Price
- £1,841pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NE61 2GP is a residential postcode situated on Horseshoe Way, Morpeth, NE61 with 25 addresses.
It ranks as the 1160th largest and 1087th 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 25 properties: 25 houses.
- Ave. Sale Price
- £475,668
- 10 Year change
- up 38.7%
- Ave. Rental Price
- £1,841pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NE61 2GP
- 1 Horseshoe Way
4 Bed Modern House
- 2 Horseshoe Way
4 Bed Modern House
- 3 Horseshoe Way
4 Bed Modern House
- 4 Horseshoe Way
4 Bed Modern House
- 5 Horseshoe Way
5 Bed Modern House
Sales Market Trends
The last sale in NE61 2GP sold for £440,000 on 19th December 2025. Since then prices are up an average of 1.7%.
The current average value in the postcode is £475,668.
The NE61 2GP Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £475,668 |
| June 2025 | 2.6% | £464,868 |
| June 2024 | 5.3% | £453,110 |
| June 2023 | 4% | £430,498 |
| June 2022 | 9.2% | £413,948 |
| June 2021 | 2.2% | £379,123 |
| June 2020 | 5% | £371,118 |
| June 2019 | 0.6% | £353,487 |
| June 2018 | 1.8% | £351,210 |
| June 2017 | 0.6% | £345,127 |
| June 2016 | 3.5% | £342,899 |
| June 2015 | 3% | £331,348 |
| June 2014 | 3% | £321,688 |
| June 2013 | -1.9% | £312,326 |
| June 2012 | -0.3% | £318,356 |
| June 2011 | -4.5% | £319,377 |
| June 2010 | 9% | £334,600 |
| June 2009 | -7.5% | £306,982 |
| June 2008 | 3.9% | £331,925 |
| June 2007 | 0% | £319,394 |
Rental Market Trends
The current average rental value in the postcode is £1,841.
The NE61 2GP Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,841pcm |
| June 2025 | 4.5% | £1,811pcm |
| June 2024 | 9% | £1,733pcm |
| June 2023 | 8.7% | £1,590pcm |
| June 2022 | 8.8% | £1,463pcm |
| June 2021 | 7.9% | £1,344pcm |
| June 2020 | -0.5% | £1,245pcm |
| June 2019 | 0.7% | £1,252pcm |
| June 2018 | 1.4% | £1,243pcm |
| June 2017 | 0.5% | £1,226pcm |
| June 2016 | 2.5% | £1,220pcm |
| June 2015 | 0.9% | £1,190pcm |
| June 2014 | 2.9% | £1,179pcm |
| June 2013 | 0.2% | £1,146pcm |
| June 2012 | -0.5% | £1,144pcm |
| June 2011 | 0.4% | £1,150pcm |
| June 2010 | 5.2% | £1,145pcm |
| June 2009 | -4.9% | £1,088pcm |
| June 2008 | 4.5% | £1,145pcm |
| June 2007 | 0% | £1,095pcm |
Sales History
The last sale was on 19th December 2025 for £440,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 34 sales since 1995.
NE61 2GP has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£440,000 | 4 Bed House15, Horseshoe Way, Morpeth, NE61 2GP15, Horseshoe Way, Morpeth, NE61 2GP
- Sold Sep 2025£565,000 | 5 Bed House5, Horseshoe Way, Morpeth, NE61 2GP5, Horseshoe Way, Morpeth, NE61 2GP
- Sold Apr 2025£580,000 | 5 Bed House14, Horseshoe Way, Morpeth, NE61 2GP14, Horseshoe Way, Morpeth, NE61 2GP
- Sold Jul 2024£438,000 | 4 Bed House4, Horseshoe Way, Morpeth, NE61 2GP4, Horseshoe Way, Morpeth, NE61 2GP
- Sold Apr 2024£449,950 | 4 Bed House9, Horseshoe Way, Morpeth, NE61 2GP9, Horseshoe Way, Morpeth, NE61 2GP
Nearby Postcodes
NE61 2GP is the 1160th largest and the 1087th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2GN, Horseshoe Way, Morpeth, NE61NE61 2GN14 Addresses|63 m away
- NE61 2BU, Kendor Grove, Loansdean, Morpeth, NE61NE61 2BU36 Addresses|92 m away
- NE61 2TD, Rectory Dene, Deuchar Park, Morpeth, NE61NE61 2TD14 Addresses|110 m away
- NE61 2BT, Loansdean, Morpeth, NE61NE61 2BT1 Addresses|122 m away
- NE61 2BP, Southfield, Morpeth, NE61NE61 2BP3 Addresses|139 m away
Property Types
- 25 modern houses built after 1980
- modern house (25)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (25)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Apr 2025£580,000 | 5 Bed House14, Horseshoe Way, Morpeth, NE61 2GP14, Horseshoe Way, Morpeth, NE61 2GP
- Sold Sep 2025£565,000 | 5 Bed House5, Horseshoe Way, Morpeth, NE61 2GP5, Horseshoe Way, Morpeth, NE61 2GP
- Sold Mar 2022£510,000 | 5 Bed House6, Horseshoe Way, Morpeth, NE61 2GP6, Horseshoe Way, Morpeth, NE61 2GP
Schools Nearby
- Morpeth First School500 m away
- Abbeyfields First School1.0 km away
- Morpeth Stobhillgate First School1.1 km away
- The King Edward VI School1.8 km away
- St Benet Biscop Catholic Academy6.1 km away
- Ashington Academy7.3 km away
More reading links
Public Transport Nearby
The closest station to NE61 2GP is Morpeth station, which is 600 metres away.
- Morpeth|600 m away
- Pegswood|3.6 km away
- Ashington|7.9 km away
- Bedlington|7.9 km away