NE61 2YL is a residential postcode situated on Morpeth, NE61 with 19 addresses.
It ranks as the 632nd largest of the 1,363 postcodes in the NE61 area.
The postcode contains a total of 19 properties: 5 houses, 3 flats and 11 other properties.
NE61 2YL is a residential postcode situated on Morpeth, NE61 with 19 addresses.
It ranks as the 632nd largest of the 1,363 postcodes in the NE61 area.
The postcode contains a total of 19 properties: 5 houses, 3 flats and 11 other properties.
The last sale in NE61 2YL sold for £180,000 on 21st March 2022. Since then prices are up an average of 28.8%.
The current average value in the postcode is £397,012.
The NE61 2YL Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £397,012 |
| April 2025 | 2.7% | £391,891 |
| April 2024 | 4.7% | £381,487 |
| April 2023 | 3.6% | £364,331 |
| April 2022 | 6.8% | £351,554 |
| April 2021 | 0.9% | £329,040 |
| April 2020 | 4.2% | £325,947 |
| April 2019 | 1.2% | £312,869 |
| April 2018 | 0.5% | £309,094 |
| April 2017 | 1.5% | £307,576 |
| April 2016 | 3.5% | £303,052 |
| April 2015 | 1.9% | £292,818 |
| April 2014 | 3.6% | £287,392 |
| April 2013 | -4.1% | £277,386 |
| April 2012 | 1.7% | £289,312 |
| April 2011 | -3.6% | £284,592 |
| April 2010 | 5.9% | £295,272 |
| April 2009 | -8.9% | £278,911 |
| April 2008 | 4% | £306,081 |
| April 2007 | 0% | £294,237 |
The current average rental value in the postcode is £1,910.
The NE61 2YL Rental Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,910pcm |
| April 2025 | 5.8% | £1,869pcm |
| April 2024 | 8% | £1,766pcm |
| April 2023 | 7.9% | £1,635pcm |
| April 2022 | 6.8% | £1,516pcm |
| April 2021 | 5.4% | £1,419pcm |
| April 2020 | 1.3% | £1,347pcm |
| April 2019 | 0.2% | £1,329pcm |
| April 2018 | -0.8% | £1,326pcm |
| April 2017 | 0.9% | £1,337pcm |
| April 2016 | 2.2% | £1,325pcm |
| April 2015 | 0.8% | £1,297pcm |
| April 2014 | 1% | £1,286pcm |
| April 2013 | 1.9% | £1,274pcm |
| April 2012 | 0.8% | £1,251pcm |
| April 2011 | 0.2% | £1,240pcm |
| April 2010 | 1.8% | £1,238pcm |
| April 2009 | -3.6% | £1,216pcm |
| April 2008 | 2.3% | £1,262pcm |
| April 2007 | 0% | £1,234pcm |
The last sale was on 21st March 2022 for £180,000 and since then the market in the area has increased by 28.8%. The postcode has had a total of 10 sales since 1995.
NE61 2YL has seen no sales in the last three years and no sales in the last twelve months.
NE61 2YL is the 632nd largest and the 1061st most expensive postcode out of the 1,363 postcodes in the NE61 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE61 2YL, 52.0% of property is privately owned outright and 43.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE61 2YL, 16.7% of residents are recorded as possessing school level qualifications and 50.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE61 2YL, the average age was 47.5 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE61 2YL, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE61 2YL, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.