Spelvit Lane - NE61 2PR
Key Postcode Insights
NE61 2PR is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 1 addresses.
It ranks as the 21st largest and 1340th 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 1 properties: 1 house.
- Ave. Sale Price
- £837,458
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £2,814pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
NE61 2PR is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 1 addresses.
It ranks as the 21st largest and 1340th 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 1 properties: 1 house.
- Ave. Sale Price
- £837,458
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £2,814pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Sales Market Trends
The last sale in NE61 2PR sold for £550,000 on 30th October 2009. Since then prices are up an average of 51.0%.
The current average value in the postcode is £837,458.
The NE61 2PR Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £837,458 |
| June 2025 | 2.2% | £823,026 |
| June 2024 | 4.9% | £805,493 |
| June 2023 | 4.3% | £767,825 |
| June 2022 | 8.6% | £736,280 |
| June 2021 | 2.6% | £677,831 |
| June 2020 | 4.7% | £660,586 |
| June 2019 | 0.9% | £631,161 |
| June 2018 | 1.9% | £625,475 |
| June 2017 | 0.3% | £613,794 |
| June 2016 | 3.8% | £611,770 |
| June 2015 | 2.9% | £589,608 |
| June 2014 | 2.8% | £572,869 |
| June 2013 | -1.3% | £557,053 |
| June 2012 | -0.7% | £564,479 |
| June 2011 | -4.2% | £568,322 |
| June 2010 | 9.2% | £593,327 |
| June 2009 | -7.2% | £543,281 |
| June 2008 | 4.1% | £585,341 |
| June 2007 | 0% | £562,086 |
Rental Market Trends
The current average rental value in the postcode is £2,814.
The NE61 2PR Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £2,814pcm |
| June 2025 | 4.1% | £2,783pcm |
| June 2024 | 8.7% | £2,674pcm |
| June 2023 | 9% | £2,461pcm |
| June 2022 | 8.3% | £2,258pcm |
| June 2021 | 8.4% | £2,085pcm |
| June 2020 | -0.8% | £1,924pcm |
| June 2019 | 1% | £1,940pcm |
| June 2018 | 1.6% | £1,922pcm |
| June 2017 | 0.1% | £1,892pcm |
| June 2016 | 2.8% | £1,889pcm |
| June 2015 | 0.9% | £1,839pcm |
| June 2014 | 2.8% | £1,823pcm |
| June 2013 | 0.7% | £1,774pcm |
| June 2012 | -0.8% | £1,761pcm |
| June 2011 | 0.8% | £1,776pcm |
| June 2010 | 5.4% | £1,762pcm |
| June 2009 | -4.6% | £1,672pcm |
| June 2008 | 4.7% | £1,752pcm |
| June 2007 | 0% | £1,673pcm |
Sales History
The last sale was on 30th October 2009 for £550,000 and since then the market in the area has increased by 51.0%. The postcode has had a total of 2 sales since 1995.
NE61 2PR has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE61 2PR is the 21st largest and the 1340th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2PW, Castle Walk, Morpeth, NE61NE61 2PW3 Addresses|47 m away
- NE61 2PS, Duncan Gardens, Morpeth, NE61NE61 2PS19 Addresses|67 m away
- NE61 2PT, Duncan Gardens, Morpeth, NE61NE61 2PT23 Addresses|129 m away
- NE61 2QA, St. Marys Field, Morpeth, NE61NE61 2QA6 Addresses|166 m away
- NE61 2PP, Hepscott, Morpeth, NE61NE61 2PP2 Addresses|180 m away
Property Types
- 1 early-century house built between 1912 and 1935
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2009£550,000 | 5 Bed HousePostern House, Spelvit Lane, Morpeth, NE61 2PRPostern House, Spelvit Lane, Morpeth, NE61 2PR
- Sold Jan 2023£327,500 | 4 Bed House43, Spelvit Lane, Morpeth, NE61 2AA43, Spelvit Lane, Morpeth, NE61 2AA
- Sold Jul 2024£290,000 | 3 Bed House41, Spelvit Lane, Morpeth, NE61 2AA41, Spelvit Lane, Morpeth, NE61 2AA
Schools Nearby
- St Roberts Catholic First School, Morpeth600 m away
- Abbeyfields First School700 m away
- Morpeth First School900 m away
- The King Edward VI School1.3 km away
- St Benet Biscop Catholic Academy6.3 km away
- Ashington Academy7.2 km away
More reading links
Public Transport Nearby
The closest station to NE61 2PR is Morpeth station, which is 400 metres away.
- Morpeth|400 m away
- Pegswood|3.3 km away
- Ashington|7.7 km away
- Bedlington|8.0 km away
