Mitford, Morpeth - NE61 3PY
Key Postcode Insights
NE61 3PY is a residential postcode situated on Mitford, Morpeth, NE61 with 2 addresses.
It ranks as the 148th largest and 1350th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £972,351
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £3,499pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
NE61 3PY is a residential postcode situated on Mitford, Morpeth, NE61 with 2 addresses.
It ranks as the 148th largest and 1350th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £972,351
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £3,499pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Sales Market Trends
The last sale in NE61 3PY sold for £1,270,000 on 7th October 2021. Since then prices are up an average of 19.3%.
The current average value in the postcode is £972,351.
The NE61 3PY Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £972,351 |
| June 2025 | 2% | £956,569 |
| June 2024 | 4.7% | £937,955 |
| June 2023 | 4.2% | £896,071 |
| June 2022 | 8.6% | £860,056 |
| June 2021 | 3.1% | £791,883 |
| June 2020 | 4.4% | £768,093 |
| June 2019 | 0.9% | £735,869 |
| June 2018 | 2% | £729,429 |
| June 2017 | 0.5% | £715,116 |
| June 2016 | 3.8% | £711,453 |
| June 2015 | 3% | £685,635 |
| June 2014 | 2.6% | £665,404 |
| June 2013 | -0.9% | £648,551 |
| June 2012 | -0.9% | £654,523 |
| June 2011 | -4.1% | £660,381 |
| June 2010 | 8.9% | £688,902 |
| June 2009 | -7.2% | £632,686 |
| June 2008 | 4.3% | £681,974 |
| June 2007 | 0% | £653,731 |
Rental Market Trends
The current average rental value in the postcode is £3,499.
The NE61 3PY Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £3,499pcm |
| June 2025 | 4.1% | £3,461pcm |
| June 2024 | 8.6% | £3,326pcm |
| June 2023 | 9.2% | £3,061pcm |
| June 2022 | 8.3% | £2,804pcm |
| June 2021 | 8.2% | £2,589pcm |
| June 2020 | -0.7% | £2,393pcm |
| June 2019 | 1% | £2,409pcm |
| June 2018 | 1.5% | £2,386pcm |
| June 2017 | 0.2% | £2,350pcm |
| June 2016 | 2.8% | £2,346pcm |
| June 2015 | 1% | £2,283pcm |
| June 2014 | 2.7% | £2,259pcm |
| June 2013 | 0.8% | £2,199pcm |
| June 2012 | -0.7% | £2,181pcm |
| June 2011 | 1% | £2,197pcm |
| June 2010 | 5.3% | £2,176pcm |
| June 2009 | -4.4% | £2,065pcm |
| June 2008 | 4.6% | £2,161pcm |
| June 2007 | 0% | £2,067pcm |
Sales History
The last sale was on 7th October 2021 for £1,270,000 and since then the market in the area has increased by 19.3%. The postcode has had a total of 2 sales since 1995.
NE61 3PY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE61 3PY is the 148th largest and the 1350th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 3PT, Mitford, Morpeth, NE61NE61 3PT5 Addresses|195 m away
- NE61 3QA, Stable Green, Mitford, Morpeth, NE61NE61 3QA7 Addresses|211 m away
- NE61 3PZ, Mitford, Morpeth, NE61NE61 3PZ3 Addresses|295 m away
- NE61 3PR, Mitford, Morpeth, NE61NE61 3PR10 Addresses|353 m away
- NE61 3QX, Old Sawmill, Mitford, Morpeth, NE61NE61 3QX6 Addresses|361 m away
Property Types
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
Schools Nearby
- Morpeth All Saints Church of England First School2.0 km away
- Abbeyfields First School2.1 km away
- St Roberts Catholic First School, Morpeth2.6 km away
- The King Edward VI School2.8 km away
- St Benet Biscop Catholic Academy8.9 km away
- Ashington Academy9.9 km away
More reading links
Public Transport Nearby
The closest station to NE61 3PY is Morpeth station, which is 3.2 kilometres away.
- Morpeth|3.2 km away
- Pegswood|5.8 km away
- Ashington|10.4 km away
- Bedlington|10.8 km away
