Third Avenue - NE61 2HY
Key Postcode Insights
NE61 2HY is a residential postcode situated on Third Avenue, Morpeth, NE61 with 30 addresses.
It ranks as the 1213th largest and 193rd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £141,885
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £937pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
NE61 2HY is a residential postcode situated on Third Avenue, Morpeth, NE61 with 30 addresses.
It ranks as the 1213th largest and 193rd most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £141,885
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £937pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin NE61 2HY
- 42 Third Avenue
Unknown
- 43 Third Avenue
Unknown
- 44 Third Avenue
3 Bed Early-century House
- 45 Third Avenue
3 Bed Early-century House
- 46 Third Avenue
Unknown
Sales Market Trends
The last sale in NE61 2HY sold for £120,000 on 18th July 2025. Since then prices are up an average of 4.0%.
The current average value in the postcode is £141,885.
The NE61 2HY Sales Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £141,885 |
| June 2025 | 4.6% | £135,801 |
| June 2024 | 6.4% | £129,772 |
| June 2023 | 2.6% | £121,989 |
| June 2022 | 10.8% | £118,932 |
| June 2021 | 3% | £107,343 |
| June 2020 | 5.4% | £104,251 |
| June 2019 | 0.2% | £98,900 |
| June 2018 | 2.6% | £98,725 |
| June 2017 | 0.4% | £96,183 |
| June 2016 | 3% | £95,846 |
| June 2015 | 2.6% | £93,016 |
| June 2014 | 3.1% | £90,630 |
| June 2013 | -3.4% | £87,904 |
| June 2012 | 0.3% | £91,032 |
| June 2011 | -5.9% | £90,724 |
| June 2010 | 6.1% | £96,391 |
| June 2009 | -10.2% | £90,876 |
| June 2008 | 2.1% | £101,171 |
| June 2007 | 0% | £99,139 |
Rental Market Trends
The current average rental value in the postcode is £937.
The NE61 2HY Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £937pcm |
| June 2025 | 6.5% | £902pcm |
| June 2024 | 9.9% | £847pcm |
| June 2023 | 7.3% | £771pcm |
| June 2022 | 10.3% | £718pcm |
| June 2021 | 8.9% | £651pcm |
| June 2020 | -0.2% | £597pcm |
| June 2019 | 0.2% | £599pcm |
| June 2018 | 2.3% | £597pcm |
| June 2017 | 0.2% | £584pcm |
| June 2016 | 1.9% | £583pcm |
| June 2015 | 0.5% | £572pcm |
| June 2014 | 3.1% | £569pcm |
| June 2013 | -1.3% | £552pcm |
| June 2012 | 0.1% | £559pcm |
| June 2011 | -0.9% | £558pcm |
| June 2010 | 2.2% | £563pcm |
| June 2009 | -7.8% | £551pcm |
| June 2008 | 2.4% | £598pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last sale was on 18th July 2025 for £120,000 and since then the market in the area has increased by 4.0%. The postcode has had a total of 15 sales since 1995.
NE61 2HY has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£120,000 | 3 Bed House69, Third Avenue, Morpeth, NE61 2HY69, Third Avenue, Morpeth, NE61 2HY
- Sold Apr 2025£100,000 | 3 Bed House49, Third Avenue, Morpeth, NE61 2HY49, Third Avenue, Morpeth, NE61 2HY
- Sold Feb 2025£160,000 | 3 Bed House67, Third Avenue, Morpeth, NE61 2HY67, Third Avenue, Morpeth, NE61 2HY
- Sold Jun 2021£145,000 | 3 Bed House64, Third Avenue, Morpeth, NE61 2HY64, Third Avenue, Morpeth, NE61 2HY
- Sold Aug 2020£110,000 | 3 Bed House66, Third Avenue, Morpeth, NE61 2HY66, Third Avenue, Morpeth, NE61 2HY
Nearby Postcodes
NE61 2HY is the 1213th largest and the 193rd most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2RZ, Shields Road, Morpeth, NE61NE61 2RZ22 Addresses|53 m away
- NE61 2HP, Fourth Avenue, Morpeth, NE61NE61 2HP10 Addresses|80 m away
- NE61 2EW, Elliott Court, Morpeth, NE61NE61 2EW8 Addresses|96 m away
- NE61 2HX, Choppington Road, Morpeth, NE61NE61 2HX26 Addresses|117 m away
- NE61 2HS, Ninth Avenue, Morpeth, NE61NE61 2HS6 Addresses|127 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 10 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (9)
- early-century house (10)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Feb 2025£160,000 | 3 Bed House67, Third Avenue, Morpeth, NE61 2HY67, Third Avenue, Morpeth, NE61 2HY
- Sold Jun 2021£145,000 | 3 Bed House64, Third Avenue, Morpeth, NE61 2HY64, Third Avenue, Morpeth, NE61 2HY
- Sold Jun 2025£142,500 | 3 Bed House25, Third Avenue, Morpeth, NE61 2HZ25, Third Avenue, Morpeth, NE61 2HZ
Schools Nearby
- Morpeth Stobhillgate First School200 m away
- Morpeth First School700 m away
- St Roberts Catholic First School, Morpeth1.5 km away
- The King Edward VI School2.1 km away
- St Benet Biscop Catholic Academy5.4 km away
- Ashington Academy6.5 km away
More reading links
Public Transport Nearby
The closest station to NE61 2HY is Morpeth station, which is 600 metres away.
- Morpeth|600 m away
- Pegswood|2.9 km away
- Bedlington|7.1 km away
- Ashington|7.1 km away
