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Registered Address: 2 Leman St, London E1 8FA
NE61 2GXHouse Prices / North East, Northumberland, Matfen Lane
Last updated May 2026
Key Postcode Insights
NE61 2GX is a residential postcode situated on Matfen Lane, St. Georges Wood, Morpeth, NE61 with 4 addresses.
It ranks as the 337th largest and 1027th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
NE61 2GX is a residential postcode situated on Matfen Lane, St. Georges Wood, Morpeth, NE61 with 4 addresses.
It ranks as the 337th largest and 1027th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin NE61 2GX
Sale prices range from £412,360 for 4 bedroom freehold houses with a garden (1,323 ft2) to £417,330 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £1,671 pcm for 4 bed houses to £1,676 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 4.9%.
The average value per square foot is £308.
Average Sale Value
£416,087
Average Rental Value
£1,672 pcm
Average Rental Yield
4.8% /year
Average Value Per Sqft
£308 /ft2
Sales Market Trendsin NE61 2GX
The last sale in NE61 2GX sold for £414,995 on 19th December 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £416,087.
The NE61 2GX Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £416,087 |
| April 2025 | 3.3% | £411,758 |
| April 2024 | 4.4% | £398,540 |
| April 2023 | 4.8% | £381,700 |
| April 2022 | 7.7% | £364,063 |
| April 2021 | 1.7% | £337,935 |
| April 2020 | 4.3% | £332,193 |
| April 2019 | 1.3% | £318,386 |
| April 2018 | 1.4% | £314,414 |
| April 2017 | 2.3% | £310,104 |
| April 2016 | 3.8% | £303,163 |
| April 2015 | 2.2% | £292,105 |
| April 2014 | 4.1% | £285,722 |
| April 2013 | -2.9% | £274,370 |
| April 2012 | 2.1% | £282,563 |
| April 2011 | -3.7% | £276,653 |
| April 2010 | 7.5% | £287,281 |
| April 2009 | -8.4% | £267,195 |
| April 2008 | 5.8% | £291,670 |
| April 2007 | 0% | £275,598 |
Rental Market Trendsin NE61 2GX
The current average rental value in the postcode is £1,672.
The NE61 2GX Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,672pcm |
| April 2025 | 6.4% | £1,641pcm |
| April 2024 | 7.6% | £1,543pcm |
| April 2023 | 9.2% | £1,434pcm |
| April 2022 | 7.7% | £1,314pcm |
| April 2021 | 6.3% | £1,220pcm |
| April 2020 | 1.5% | £1,148pcm |
| April 2019 | 0.2% | £1,131pcm |
| April 2018 | 0% | £1,129pcm |
| April 2017 | 1.7% | £1,128pcm |
| April 2016 | 2.4% | £1,110pcm |
| April 2015 | 1.1% | £1,083pcm |
| April 2014 | 1.5% | £1,071pcm |
| April 2013 | 3.3% | £1,055pcm |
| April 2012 | 1.2% | £1,021pcm |
| April 2011 | 0% | £1,009pcm |
| April 2010 | 3.3% | £1,009pcm |
| April 2009 | -3.2% | £977pcm |
| April 2008 | 4% | £1,009pcm |
| April 2007 | 0% | £971pcm |
Explore Propertiesin NE61 2GX, Matfen Lane, St. Georges Wood, Morpeth, NE61
Sales Historyin NE61 2GX
The last sale was on 19th December 2024 for £414,995 and since then the market in the area has increased by 1.9%. The postcode has had a total of 2 sales since 1995.
NE61 2GX has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE61 2GX
NE61 2GX is the 337th largest and the 1027th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- 72 mNE61 2GW, Chirdon Crescent, St. Georges Wood, Morpeth, NE61NE61 2GW35 Addresses
- 93 mNE61 2JD, Thirston Lane, St. Georges Wood, Morpeth, NE61NE61 2JD5 Addresses
- 145 mNE61 2GY, Elsdon Place, St. Georges Wood, Morpeth, NE61NE61 2GY24 Addresses
- 157 mNE61 2GT, Ingram Way, St. Georges Wood, Morpeth, NE61NE61 2GT4 Addresses
- 182 mNE61 2NY, Bluebell Court, Morpeth, NE61NE61 2NY16 Addresses
- 190 mNE61 2JB, Ewesley Lane, St. Georges Wood, Morpeth, NE61NE61 2JB3 Addresses
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Property Typesin NE61 2GX
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiencyof properties in NE61 2GX
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is A.
- A (4)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Matfen Lane
Schools Nearbyto NE61 2GX
The nearest primary school to NE61 2GX is St Roberts Catholic First School, Morpeth which is 1.2 kilometres away.
- 1.2kmSt Roberts Catholic First School, Morpeth
- 1.8kmMorpeth All Saints Church of England First School
- 1.8kmAbbeyfields First School
The nearest secondary school is The King Edward VI School which is 898 metres away.
- 898mThe King Edward VI School
- 6.3kmAshington Academy
- 6.7kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearbyto NE61 2GX
The closest station to NE61 2GX is Morpeth station which is 1.5 kilometres away.
- 1.5kmMorpeth
- 2.2kmPegswood
- 6.8kmAshington
- 8.0kmBedlington
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