Abbots Way - NE61 2LY
Key Postcode Insights
NE61 2LY is a residential postcode situated on Abbots Way, Morpeth, NE61 with 36 addresses.
It ranks as the 1268th largest and 364th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £198,472
- 10 Year change
- up 48.7%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE61 2LY is a residential postcode situated on Abbots Way, Morpeth, NE61 with 36 addresses.
It ranks as the 1268th largest and 364th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £198,472
- 10 Year change
- up 48.7%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin NE61 2LY
- 1 Abbots Way
Unknown
- 2 Abbots Way
Unknown
- 3 Abbots Way
3 Bed Mid-century House
- 4 Abbots Way
Unknown
- 5 Abbots Way
3 Bed Mid-century House
Sales Market Trends
The last sale in NE61 2LY sold for £210,000 on 8th April 2026. Since then prices are up an average of 1.8%.
The current average value in the postcode is £198,472.
The NE61 2LY Sales Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £198,472 |
| June 2025 | 4.8% | £189,708 |
| June 2024 | 6.5% | £181,031 |
| June 2023 | 2.5% | £170,060 |
| June 2022 | 10.9% | £165,967 |
| June 2021 | 3.1% | £149,671 |
| June 2020 | 5.4% | £145,186 |
| June 2019 | 0.2% | £137,729 |
| June 2018 | 2.7% | £137,508 |
| June 2017 | 0.3% | £133,841 |
| June 2016 | 3% | £133,454 |
| June 2015 | 2.6% | £129,527 |
| June 2014 | 3.1% | £126,257 |
| June 2013 | -3.5% | £122,469 |
| June 2012 | 0.4% | £126,937 |
| June 2011 | -6% | £126,474 |
| June 2010 | 5.8% | £134,500 |
| June 2009 | -10.4% | £127,095 |
| June 2008 | 1.9% | £141,818 |
| June 2007 | 0% | £139,172 |
Rental Market Trends
The current average rental value in the postcode is £1,285.
The NE61 2LY Rental Market has increased by 61.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,285pcm |
| June 2025 | 6.7% | £1,236pcm |
| June 2024 | 10% | £1,159pcm |
| June 2023 | 7.2% | £1,054pcm |
| June 2022 | 10.4% | £983pcm |
| June 2021 | 9.1% | £890pcm |
| June 2020 | -0.2% | £816pcm |
| June 2019 | 0.2% | £818pcm |
| June 2018 | 2.4% | £816pcm |
| June 2017 | 0.1% | £797pcm |
| June 2016 | 1.9% | £796pcm |
| June 2015 | 0.5% | £781pcm |
| June 2014 | 3.1% | £777pcm |
| June 2013 | -1.3% | £754pcm |
| June 2012 | 0.1% | £764pcm |
| June 2011 | -1% | £763pcm |
| June 2010 | 1.9% | £771pcm |
| June 2009 | -8.1% | £757pcm |
| June 2008 | 2.2% | £823pcm |
| June 2007 | 0% | £805pcm |
Sales History
The last sale was on 8th April 2026 for £210,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 31 sales since 1995.
NE61 2LY has seen 5 sales in the last three years and 3 sales in the last twelve months.
- Sold Apr 2026£210,000 | 3 Bed House11, Abbots Way, Morpeth, NE61 2LY11, Abbots Way, Morpeth, NE61 2LY
- Sold Feb 2026£166,000 | 3 Bed House27, Abbots Way, Morpeth, NE61 2LY27, Abbots Way, Morpeth, NE61 2LY
- Sold Sep 2025£160,000 | 3 Bed House32, Abbots Way, Morpeth, NE61 2LY32, Abbots Way, Morpeth, NE61 2LY
- Sold Jul 2024£231,500 | 3 Bed House36, Abbots Way, Morpeth, NE61 2LY36, Abbots Way, Morpeth, NE61 2LY
- Sold May 2024£195,000 | 3 Bed House24, Abbots Way, Morpeth, NE61 2LY24, Abbots Way, Morpeth, NE61 2LY
Nearby Postcodes
NE61 2LY is the 1268th largest and the 364th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2LX, Church Walk, Morpeth, NE61NE61 2LX9 Addresses|60 m away
- NE61 2PH, Blagdon Close, Morpeth, NE61NE61 2PH16 Addresses|96 m away
- NE61 2LZ, Abbots Way, Morpeth, NE61NE61 2LZ24 Addresses|125 m away
- NE61 2LU, Church Walk, Morpeth, NE61NE61 2LU21 Addresses|135 m away
- NE61 2PL, Emily Davison Avenue, Morpeth, NE61NE61 2PL25 Addresses|144 m away
Property Types
- 18 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 14 other addresses of unknown type
- mid-century house (18)
- house (1)
- early-century house (3)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (14)
- G (0)
- D (7)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Jul 2024£231,500 | 3 Bed House36, Abbots Way, Morpeth, NE61 2LY36, Abbots Way, Morpeth, NE61 2LY
- Sold May 2024£216,000 | 4 Bed House43, Abbots Way, Morpeth, NE61 2LZ43, Abbots Way, Morpeth, NE61 2LZ
- Sold Apr 2026£210,000 | 3 Bed House11, Abbots Way, Morpeth, NE61 2LY11, Abbots Way, Morpeth, NE61 2LY
Schools Nearby
- Abbeyfields First School200 m away
- St Roberts Catholic First School, Morpeth300 m away
- Morpeth All Saints Church of England First School1.1 km away
- The King Edward VI School1.0 km away
- St Benet Biscop Catholic Academy6.9 km away
- Ashington Academy7.6 km away
More reading links
Public Transport Nearby
The closest station to NE61 2LY is Morpeth station, which is 900 metres away.
- Morpeth|900 m away
- Pegswood|3.6 km away
- Ashington|8.1 km away
- Bedlington|8.6 km away
