Spelvit Lane - NE61 2QU
Key Postcode Insights
NE61 2QU is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 6 addresses.
It ranks as the 496th largest and 711th 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 6 properties: 6 houses.
- Ave. Sale Price
- £297,202
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
NE61 2QU is a residential postcode situated on Spelvit Lane, Morpeth, NE61 with 6 addresses.
It ranks as the 496th largest and 711th 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 6 properties: 6 houses.
- Ave. Sale Price
- £297,202
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin NE61 2QU
- 1 Spelvit Lane
4 Bed Early-century House
- 2 Spelvit Lane
4 Bed Early-century House
- 3 Spelvit Lane
4 Bed Early-century House
- 4 Spelvit Lane
4 Bed Early-century House
- 5 Spelvit Lane
Unknown
Sales Market Trends
The last sale in NE61 2QU sold for £265,000 on 21st November 2023. Since then prices are up an average of 12.3%.
The current average value in the postcode is £297,202.
The NE61 2QU Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £297,202 |
| June 2025 | 3.8% | £286,818 |
| June 2024 | 6.1% | £276,276 |
| June 2023 | 3.1% | £260,409 |
| June 2022 | 10.2% | £252,567 |
| June 2021 | 2.3% | £229,097 |
| June 2020 | 5.4% | £223,895 |
| June 2019 | 0.3% | £212,519 |
| June 2018 | 2.2% | £211,809 |
| June 2017 | 0.6% | £207,293 |
| June 2016 | 3.3% | £206,101 |
| June 2015 | 2.9% | £199,607 |
| June 2014 | 3.1% | £194,066 |
| June 2013 | -3% | £188,261 |
| June 2012 | 0.2% | £194,019 |
| June 2011 | -5.4% | £193,687 |
| June 2010 | 7.5% | £204,666 |
| June 2009 | -9% | £190,384 |
| June 2008 | 3% | £209,109 |
| June 2007 | 0% | £203,036 |
Rental Market Trends
The current average rental value in the postcode is £1,553.
The NE61 2QU Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,553pcm |
| June 2025 | 5.7% | £1,509pcm |
| June 2024 | 9.6% | £1,428pcm |
| June 2023 | 7.9% | £1,303pcm |
| June 2022 | 9.8% | £1,207pcm |
| June 2021 | 8.3% | £1,100pcm |
| June 2020 | -0.3% | £1,016pcm |
| June 2019 | 0.4% | £1,018pcm |
| June 2018 | 1.8% | £1,015pcm |
| June 2017 | 0.4% | £996pcm |
| June 2016 | 2.1% | £992pcm |
| June 2015 | 0.8% | £972pcm |
| June 2014 | 3% | £964pcm |
| June 2013 | -0.8% | £936pcm |
| June 2012 | -0.1% | £943pcm |
| June 2011 | -0.4% | £944pcm |
| June 2010 | 3.5% | £947pcm |
| June 2009 | -6.6% | £915pcm |
| June 2008 | 3.3% | £979pcm |
| June 2007 | 0% | £948pcm |
Sales History
The last sale was on 21st November 2023 for £265,000 and since then the market in the area has increased by 12.3%. The postcode has had a total of 6 sales since 1995.
NE61 2QU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£265,000 | 4 Bed House4, Spelvit Lane, Morpeth, NE61 2QU4, Spelvit Lane, Morpeth, NE61 2QU
- Sold Nov 2021£258,500 | 4 Bed House3, Spelvit Lane, Morpeth, NE61 2QU3, Spelvit Lane, Morpeth, NE61 2QU
- Sold Feb 2015£215,000 | 4 Bed House2, Spelvit Lane, Morpeth, NE61 2QU2, Spelvit Lane, Morpeth, NE61 2QU
- Sold Sep 2013£151,000 | 3 Bed House6, Spelvit Lane, Morpeth, NE61 2QU6, Spelvit Lane, Morpeth, NE61 2QU
- Sold Nov 2011£138,730 | 4 Bed House1, Spelvit Lane, Morpeth, NE61 2QU1, Spelvit Lane, Morpeth, NE61 2QU
Nearby Postcodes
NE61 2QU is the 496th largest and the 711th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2JW, Church Walk, Morpeth, NE61NE61 2JW32 Addresses|103 m away
- NE61 2JR, Fontburn Gardens, Morpeth, NE61NE61 2JR19 Addresses|126 m away
- NE61 2JN, Postern Crescent, Morpeth, NE61NE61 2JN52 Addresses|126 m away
- NE61 2QD, St. Marys Field, Morpeth, NE61NE61 2QD28 Addresses|127 m away
- NE61 2JP, West Park, Morpeth, NE61NE61 2JP42 Addresses|128 m away
Property Types
- 5 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- early-century house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (1)
- D (4)
- No EPC (1)
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
- Abbeyfields First School500 m away
- St Roberts Catholic First School, Morpeth700 m away
- Morpeth First School900 m away
- The King Edward VI School1.5 km away
- St Benet Biscop Catholic Academy6.6 km away
- Ashington Academy7.6 km away
More reading links
Public Transport Nearby
The closest station to NE61 2QU is Morpeth station, which is 800 metres away.
- Morpeth|800 m away
- Pegswood|3.7 km away
- Ashington|8.1 km away
- Bedlington|8.3 km away
