Priors Walk - NE61 2RE
Key Postcode Insights
NE61 2RE is a residential postcode situated on Priors Walk, Morpeth, NE61 with 8 addresses.
It ranks as the 627th largest and 519th 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 8 properties: 8 houses.
- Ave. Sale Price
- £235,360
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE61 2RE is a residential postcode situated on Priors Walk, Morpeth, NE61 with 8 addresses.
It ranks as the 627th largest and 519th 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 8 properties: 8 houses.
- Ave. Sale Price
- £235,360
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NE61 2RE
- 1 Priors Walk
2 Bed Mid-century House
- 2 Priors Walk
Unknown
- 3 Priors Walk
Unknown
- 4 Priors Walk
3 Bed Mid-century House
- 5 Priors Walk
3 Bed Mid-century House
Sales Market Trends
The last sale in NE61 2RE sold for £240,000 on 26th March 2025. Since then prices are up an average of 7.1%.
The current average value in the postcode is £235,360.
The NE61 2RE Sales Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £235,360 |
| June 2025 | 4.8% | £224,873 |
| June 2024 | 6.5% | £214,496 |
| June 2023 | 2.4% | £201,472 |
| June 2022 | 10.9% | £196,677 |
| June 2021 | 3.1% | £177,327 |
| June 2020 | 5.4% | £171,937 |
| June 2019 | 0.2% | £163,108 |
| June 2018 | 2.8% | £162,856 |
| June 2017 | 0.3% | £158,466 |
| June 2016 | 3% | £158,037 |
| June 2015 | 2.6% | £153,399 |
| June 2014 | 3.1% | £149,547 |
| June 2013 | -3.5% | £145,062 |
| June 2012 | 0.4% | £150,386 |
| June 2011 | -6% | £149,829 |
| June 2010 | 5.7% | £159,382 |
| June 2009 | -10.5% | £150,724 |
| June 2008 | 1.8% | £168,315 |
| June 2007 | 0% | £165,263 |
Rental Market Trends
The current average rental value in the postcode is £1,322.
The NE61 2RE Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,322pcm |
| June 2025 | 6.7% | £1,271pcm |
| June 2024 | 10% | £1,191pcm |
| June 2023 | 7.2% | £1,083pcm |
| June 2022 | 10.5% | £1,010pcm |
| June 2021 | 9.1% | £915pcm |
| June 2020 | -0.2% | £838pcm |
| June 2019 | 0.2% | £840pcm |
| June 2018 | 2.4% | £838pcm |
| June 2017 | 0.1% | £819pcm |
| June 2016 | 1.9% | £818pcm |
| June 2015 | 0.5% | £802pcm |
| June 2014 | 3% | £799pcm |
| June 2013 | -1.3% | £775pcm |
| June 2012 | 0.1% | £786pcm |
| June 2011 | -1% | £784pcm |
| June 2010 | 1.8% | £793pcm |
| June 2009 | -8.1% | £778pcm |
| June 2008 | 2.2% | £847pcm |
| June 2007 | 0% | £829pcm |
Sales History
The last sale was on 26th March 2025 for £240,000 and since then the market in the area has increased by 7.1%. 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 House4, Priors Walk, Morpeth, NE61 2RE4, Priors Walk, Morpeth, NE61 2RE
- Sold Jul 2012£147,800 | 3 Bed House4, Priors Walk, Morpeth, NE61 2RE4, Priors Walk, Morpeth, NE61 2RE
- Sold Dec 2005£175,000 | 3 Bed House2, Priors Walk, Morpeth, NE61 2RE2, Priors Walk, Morpeth, NE61 2RE
- Sold Oct 2004£162,000 | 3 Bed House10, Priors Walk, Morpeth, NE61 2RE10, Priors Walk, Morpeth, NE61 2RE
- Sold Jul 2004£135,000 | 3 Bed House4, Priors Walk, Morpeth, NE61 2RE4, Priors Walk, Morpeth, NE61 2RE
Nearby Postcodes
NE61 2RE is the 627th largest and the 519th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 2RA, Ash Grove, Morpeth, NE61NE61 2RA7 Addresses|62 m away
- NE61 2RD, Spelvit Lane, Morpeth, NE61NE61 2RD27 Addresses|76 m away
- NE61 2RG, Westfield, Morpeth, NE61NE61 2RG16 Addresses|84 m away
- NE61 2RB, Woodman Close, Morpeth, NE61NE61 2RB18 Addresses|92 m away
- NE61 2AB, Spelvit Lane, Morpeth, NE61NE61 2AB11 Addresses|93 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (4)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2007£249,950 | 4 Bed House31, Priors Walk, Morpeth, NE61 2RF31, Priors Walk, Morpeth, NE61 2RF
- Sold Mar 2025£240,000 | 3 Bed House4, Priors Walk, Morpeth, NE61 2RE4, Priors Walk, Morpeth, NE61 2RE
- Sold May 2026£240,000 | 3 Bed House16, Priors Walk, Morpeth, NE61 2RF16, Priors Walk, Morpeth, NE61 2RF
Schools Nearby
- Abbeyfields First School500 m away
- St Roberts Catholic First School, Morpeth900 m away
- Morpeth First School1.0 km away
- The King Edward VI School1.6 km away
- St Benet Biscop Catholic Academy6.7 km away
- Ashington Academy7.8 km away
More reading links
Public Transport Nearby
The closest station to NE61 2RE is Morpeth station, which is 1.0 kilometres away.
- Morpeth|1.0 km away
- Pegswood|3.9 km away
- Ashington|8.3 km away
- Bedlington|8.5 km away
