NE61 3LP is a residential postcode situated on Micklewood Close, Longhirst, Morpeth, NE61 with 45 addresses.
It ranks as the 1319th largest and 704th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 45 properties: 41 houses and 4 flats.
NE61 3LP is a residential postcode situated on Micklewood Close, Longhirst, Morpeth, NE61 with 45 addresses.
It ranks as the 1319th largest and 704th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 45 properties: 41 houses and 4 flats.
Sale prices range from £152,433 for 2 bedroom leasehold flats (635 ft2) to £611,739 for 5 bedroom freehold houses with a garden (2,368 ft2) .
Monthly rental prices range from £986 pcm for 2 bed flats to £2,006 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 7.8%.
The average value per square foot is £237.
The last sale in NE61 3LP sold for £267,500 on 25th October 2024. Since then prices are up an average of 2.6%.
The current average value in the postcode is £318,791.
The NE61 3LP Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £318,791 |
| April 2025 | 3.5% | £312,586 |
| April 2024 | 4.3% | £301,988 |
| April 2023 | 4% | £289,579 |
| April 2022 | 8.1% | £278,524 |
| April 2021 | 2.4% | £257,754 |
| April 2020 | 4.4% | £251,746 |
| April 2019 | 0.9% | £241,239 |
| April 2018 | 1.1% | £238,998 |
| April 2017 | 1.7% | £236,378 |
| April 2016 | 2.7% | £232,429 |
| April 2015 | 1.8% | £226,240 |
| April 2014 | 3.3% | £222,320 |
| April 2013 | -3.5% | £215,117 |
| April 2012 | 0.9% | £222,899 |
| April 2011 | -4.4% | £220,905 |
| April 2010 | 4.3% | £231,131 |
| April 2009 | -10.3% | £221,689 |
| April 2008 | 4.2% | £247,143 |
| April 2007 | 0% | £237,164 |
The current average rental value in the postcode is £1,486.
The NE61 3LP Rental Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,486pcm |
| April 2025 | 7% | £1,443pcm |
| April 2024 | 8% | £1,348pcm |
| April 2023 | 7.9% | £1,249pcm |
| April 2022 | 8% | £1,158pcm |
| April 2021 | 6% | £1,072pcm |
| April 2020 | 1.4% | £1,011pcm |
| April 2019 | 0.1% | £997pcm |
| April 2018 | 0% | £996pcm |
| April 2017 | 0.8% | £996pcm |
| April 2016 | 1.9% | £988pcm |
| April 2015 | 0.7% | £969pcm |
| April 2014 | 0.6% | £963pcm |
| April 2013 | 2% | £957pcm |
| April 2012 | 0.3% | £938pcm |
| April 2011 | -0.4% | £935pcm |
| April 2010 | 0.6% | £939pcm |
| April 2009 | -4.5% | £933pcm |
| April 2008 | 3.1% | £977pcm |
| April 2007 | 0% | £948pcm |
The last sale was on 25th October 2024 for £267,500 and since then the market in the area has increased by 2.6%. The postcode has had a total of 72 sales since 1995.
NE61 3LP has seen 4 sales in the last three years and no sales in the last twelve months.
NE61 3LP is the 1319th largest and the 704th most expensive postcode out of the 1,363 postcodes in the NE61 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE61 3LP, 47.5% of property is privately owned outright and 34.1% 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 3LP, 12.0% of residents are recorded as possessing school level qualifications and 48.6% 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 3LP, the average age was 45.1 and the most common age was 62.
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 3LP, 0.2% 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 3LP, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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.