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Registered Address: 2 Leman St, London E1 8FA
NE61 2REHouse Prices / North East, Northumberland, Priors Walk
Last updated May 2026
Key Postcode Insights
NE61 2RE is a residential postcode situated on Priors Walk, Morpeth, NE61 with 8 addresses.
It ranks as the 626th largest and 519th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
8
Properties
- Houses
Key Postcode Insights
NE61 2RE is a residential postcode situated on Priors Walk, Morpeth, NE61 with 8 addresses.
It ranks as the 626th largest and 519th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
8
Properties
- Houses
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House Pricesin NE61 2RE
Sale prices range from £205,278 for 2 bedroom freehold houses with a garden (495 ft2) to £244,181 for 3 bedroom freehold houses with a garden (678 ft2) .
Monthly rental prices range from £1,177 pcm for 2 bed houses to £1,402 pcm for 3 bed houses.
The gross rental yield is between 6.9% and 7.0%.
The average value per square foot is £369.
Average Sale Value
£230,602
Average Rental Value
£1,332 pcm
Average Rental Yield
6.9% /year
Average Value Per Sqft
£369 /ft2
Sales Market Trendsin NE61 2RE
The last sale in NE61 2RE sold for £240,000 on 26th March 2025. Since then prices are up an average of 5.1%.
The current average value in the postcode is £230,602.
The NE61 2RE Sales Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £230,602 |
| April 2025 | 5.4% | £220,519 |
| April 2024 | 5.1% | £209,136 |
| April 2023 | 3.1% | £198,990 |
| April 2022 | 9.6% | £192,916 |
| April 2021 | 3.2% | £176,044 |
| April 2020 | 5.2% | £170,548 |
| April 2019 | 1% | £162,146 |
| April 2018 | 2.2% | £160,533 |
| April 2017 | 1.5% | £157,105 |
| April 2016 | 3.3% | £154,729 |
| April 2015 | 1.9% | £149,764 |
| April 2014 | 3.8% | £146,995 |
| April 2013 | -5.5% | £141,606 |
| April 2012 | 1% | £149,858 |
| April 2011 | -4.4% | £148,368 |
| April 2010 | 3.3% | £155,211 |
| April 2009 | -10.9% | £150,297 |
| April 2008 | 4.3% | £168,703 |
| April 2007 | 0% | £161,742 |
Rental Market Trendsin NE61 2RE
The current average rental value in the postcode is £1,332.
The NE61 2RE Rental Market has increased by 63.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.5% | £1,332pcm |
| April 2025 | 8.6% | £1,262pcm |
| April 2024 | 8.3% | £1,163pcm |
| April 2023 | 7.4% | £1,073pcm |
| April 2022 | 9.5% | £999pcm |
| April 2021 | 7.8% | £912pcm |
| April 2020 | 2.3% | £846pcm |
| April 2019 | 0% | £828pcm |
| April 2018 | 0.8% | £828pcm |
| April 2017 | 1% | £821pcm |
| April 2016 | 2% | £813pcm |
| April 2015 | 0.8% | £797pcm |
| April 2014 | 1.2% | £791pcm |
| April 2013 | 0.5% | £782pcm |
| April 2012 | 0.1% | £778pcm |
| April 2011 | -0.7% | £777pcm |
| April 2010 | -0.7% | £782pcm |
| April 2009 | -5.8% | £788pcm |
| April 2008 | 2.5% | £837pcm |
| April 2007 | 0% | £817pcm |
Explore Propertiesin NE61 2RE, Priors Walk, Morpeth, NE61
- 1, Priors Walk, Morpeth, NE61 2RE2 bed mid-century house
- 2, Priors Walk, Morpeth, NE61 2RE
- 3, Priors Walk, Morpeth, NE61 2RE
- 4, Priors Walk, Morpeth, NE61 2RE3 bed mid-century house
- 5, Priors Walk, Morpeth, NE61 2RE3 bed mid-century house
- 6, Priors Walk, Morpeth, NE61 2RE
- 8, Priors Walk, Morpeth, NE61 2RE
- 10, Priors Walk, Morpeth, NE61 2RE3 bed mid-century house
Sales Historyin NE61 2RE
The last sale was on 26th March 2025 for £240,000 and since then the market in the area has increased by 5.1%. The postcode has had a total of 10 sales since 1995.
NE61 2RE has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£240,000 | 3 Bed HousePriors Walk4, Priors Walk, Morpeth, NE61 2RE
Sold Jul 2012£147,800 | 3 Bed HousePriors Walk4, Priors Walk, Morpeth, NE61 2RE
Sold Dec 2005£175,000 | 3 Bed HousePriors Walk2, Priors Walk, Morpeth, NE61 2RE
Sold Oct 2004£162,000 | 3 Bed HousePriors Walk10, Priors Walk, Morpeth, NE61 2RE
Sold Jul 2004£135,000 | 3 Bed HousePriors Walk4, Priors Walk, Morpeth, NE61 2RE
Sold May 2003£88,500 | 2 Bed HousePriors Walk1, Priors Walk, Morpeth, NE61 2RE
Sold Jun 2000£64,550 | 3 Bed HousePriors Walk2, Priors Walk, Morpeth, NE61 2RE
Sold Apr 1999£63,000 | 2 Bed HousePriors Walk3, Priors Walk, Morpeth, NE61 2RE
Sold Apr 1997£48,000 | 3 Bed HousePriors Walk2, Priors Walk, Morpeth, NE61 2RE
Sold Feb 1997£46,500 | 2 Bed HousePriors Walk3, Priors Walk, Morpeth, NE61 2RE
Nearby Postcodesto NE61 2RE
NE61 2RE is the 626th largest and the 519th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- 62 mNE61 2RA, Ash Grove, Morpeth, NE61NE61 2RA7 Addresses
- 76 mNE61 2RD, Spelvit Lane, Morpeth, NE61NE61 2RD27 Addresses
- 84 mNE61 2RG, Westfield, Morpeth, NE61NE61 2RG16 Addresses
- 92 mNE61 2RB, Woodman Close, Morpeth, NE61NE61 2RB18 Addresses
- 93 mNE61 2AB, Spelvit Lane, Morpeth, NE61NE61 2AB11 Addresses
- 111 mNE61 2RF, Priors Walk, Morpeth, NE61NE61 2RF32 Addresses
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Property Typesin NE61 2RE
- 4 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (4)
- Unknown (4)
Energy Efficiencyof properties in NE61 2RE
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (4)
Schools Nearbyto NE61 2RE
The nearest primary school to NE61 2RE is Abbeyfields First School which is 517 metres away.
- 517mAbbeyfields First School
- 911mSt Roberts Catholic First School, Morpeth
- 980mMorpeth First School
The nearest secondary school is The King Edward VI School which is 1.6 kilometres away.
- 1.6kmThe King Edward VI School
- 6.7kmSt Benet Biscop Catholic Academy
- 7.8kmAshington Academy
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Public Transport Nearbyto NE61 2RE
The closest station to NE61 2RE is Morpeth station which is 1.0 kilometres away.
- 994mMorpeth
- 3.9kmPegswood
- 8.3kmAshington
- 8.5kmBedlington
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