Gorseway - NE61 2XR
Key Street Insights
Gorseway is a residential street with 14 addresses.
It ranks as the 360th largest and 507th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £356,697
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £1,710pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Street Insights
Gorseway is a residential street with 14 addresses.
It ranks as the 360th largest and 507th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £356,697
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £1,710pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertieson Gorseway, Morpeth, NE61
- 1 Gorseway
4 Bed Mid-century House
- 2 Gorseway
4 Bed Mid-century House
- 3 Gorseway
House
- 4 Gorseway
3 Bed Mid-century House
- 5 Gorseway
4 Bed Mid-century House
Sales Market Trends
The last sale on Gorseway sold for £328,000 on 15th November 2024. Since then prices are up an average of 4.3%.
The current average value in the street is £356,697.
The Gorseway Sales Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £356,697 |
| June 2025 | 2.8% | £348,082 |
| June 2024 | 5.5% | £338,735 |
| June 2023 | 3.8% | £321,055 |
| June 2022 | 9.4% | £309,217 |
| June 2021 | 2% | £282,715 |
| June 2020 | 5.1% | £277,090 |
| June 2019 | 0.6% | £263,664 |
| June 2018 | 1.8% | £262,076 |
| June 2017 | 0.7% | £257,453 |
| June 2016 | 3.5% | £255,777 |
| June 2015 | 3% | £247,078 |
| June 2014 | 3% | £239,849 |
| June 2013 | -2.1% | £232,859 |
| June 2012 | -0.2% | £237,934 |
| June 2011 | -4.7% | £238,424 |
| June 2010 | 9% | £250,105 |
| June 2009 | -7.6% | £229,513 |
| June 2008 | 4% | £248,340 |
| June 2007 | 0% | £238,861 |
Rental Market Trends
The current average rental value in the street is £1,710.
The Gorseway Rental Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,710pcm |
| June 2025 | 4.6% | £1,680pcm |
| June 2024 | 9.1% | £1,606pcm |
| June 2023 | 8.6% | £1,472pcm |
| June 2022 | 9% | £1,355pcm |
| June 2021 | 7.9% | £1,244pcm |
| June 2020 | -0.5% | £1,153pcm |
| June 2019 | 0.7% | £1,158pcm |
| June 2018 | 1.4% | £1,151pcm |
| June 2017 | 0.5% | £1,134pcm |
| June 2016 | 2.4% | £1,129pcm |
| June 2015 | 0.9% | £1,102pcm |
| June 2014 | 2.9% | £1,092pcm |
| June 2013 | 0% | £1,061pcm |
| June 2012 | -0.4% | £1,060pcm |
| June 2011 | 0.3% | £1,065pcm |
| June 2010 | 5% | £1,061pcm |
| June 2009 | -5.1% | £1,010pcm |
| June 2008 | 4.4% | £1,065pcm |
| June 2007 | 0% | £1,020pcm |
Sales History
The last sale was on 15th November 2024 for £328,000 and since then the market in the area has increased by 4.3%. The street has had a total of 19 sales since 1995.
Gorseway, Morpeth, NE61 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£328,000 | 4 Bed House2, Gorseway, Morpeth, NE61 2XR2, Gorseway, Morpeth, NE61 2XR
- Sold Nov 2024£360,000 | 4 Bed House1, Gorseway, Morpeth, NE61 2XR1, Gorseway, Morpeth, NE61 2XR
- Sold Sep 2023£320,000 | 4 Bed House5, Gorseway, Morpeth, NE61 2XR5, Gorseway, Morpeth, NE61 2XR
- Sold Dec 2022£340,000 | 4 Bed House6, Gorseway, Morpeth, NE61 2XR6, Gorseway, Morpeth, NE61 2XR
- Sold Mar 2022£315,000 | 4 Bed House9, Gorseway, Morpeth, NE61 2XR9, Gorseway, Morpeth, NE61 2XR
Top 3 Most Expensive Sales
Nearby Streets
Gorseway, Morpeth, NE61 is the 360th largest and the 507th most expensive street in the NE61 area.
- Marden Close, Morpeth, NE6110 Addresses|58 m away
- Townsend Crescent, Morpeth, NE6169 Addresses|58 m away
- Abbey Gate, Morpeth, NE6134 Addresses|66 m away
- Sylvan Close, Morpeth, NE6111 Addresses|144 m away
- Simonside Close, Morpeth, NE619 Addresses|227 m away
- The Grandstand, Morpeth, NE615 Addresses|227 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (10)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (4)
Schools Nearby
- Abbeyfields First School800 m away
- St Roberts Catholic First School, Morpeth1.4 km away
- Morpeth First School1.5 km away
- The King Edward VI School2.0 km away
- St Benet Biscop Catholic Academy7.2 km away
- Ashington Academy8.4 km away
More reading links
Public Transport Nearby
The closest station to Gorseway, Morpeth, NE61 - NE61 2XR is Morpeth station, which is 1.6 kilometres away.
- Morpeth|1.6 km away
- Pegswood|4.5 km away
- Ashington|9.0 km away
