De Mowbray Way - NE61 3RE
Key Postcode Insights
NE61 3RE is a residential postcode situated on De Mowbray Way, Morpeth, NE61 with 31 addresses.
It ranks as the 1225th largest and 1034th 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 31 properties: 31 houses.
- Ave. Sale Price
- £444,005
- 10 Year change
- up 39.2%
- Ave. Rental Price
- £1,715pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £339/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NE61 3RE is a residential postcode situated on De Mowbray Way, Morpeth, NE61 with 31 addresses.
It ranks as the 1225th largest and 1034th 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 31 properties: 31 houses.
- Ave. Sale Price
- £444,005
- 10 Year change
- up 39.2%
- Ave. Rental Price
- £1,715pcm
- 10 Year change
- up 51.1%
- Ave. £ per ft²
- £339/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NE61 3RE
- 1 De Mowbray Way
4 Bed House
- 2 De Mowbray Way
4 Bed Mid-century House
- 3 De Mowbray Way
Unknown
- 4 De Mowbray Way
Unknown
- 5 De Mowbray Way
Unknown
Sales Market Trends
The last sale in NE61 3RE sold for £390,010 on 28th February 2025. Since then prices are up an average of 4.1%.
The current average value in the postcode is £444,005.
The NE61 3RE Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £444,005 |
| June 2025 | 2.7% | £433,450 |
| June 2024 | 5.6% | £422,052 |
| June 2023 | 3.8% | £399,582 |
| June 2022 | 9.4% | £384,803 |
| June 2021 | 1.7% | £351,607 |
| June 2020 | 5.2% | £345,801 |
| June 2019 | 0.6% | £328,693 |
| June 2018 | 1.6% | £326,829 |
| June 2017 | 0.8% | £321,531 |
| June 2016 | 3.5% | £318,983 |
| June 2015 | 3.1% | £308,108 |
| June 2014 | 3% | £298,839 |
| June 2013 | -2.2% | £290,030 |
| June 2012 | -0.1% | £296,695 |
| June 2011 | -4.7% | £297,049 |
| June 2010 | 9.3% | £311,558 |
| June 2009 | -7.3% | £284,970 |
| June 2008 | 4.2% | £307,482 |
| June 2007 | 0% | £294,992 |
Rental Market Trends
The current average rental value in the postcode is £1,715.
The NE61 3RE Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,715pcm |
| June 2025 | 4.5% | £1,685pcm |
| June 2024 | 9.1% | £1,612pcm |
| June 2023 | 8.7% | £1,477pcm |
| June 2022 | 9% | £1,359pcm |
| June 2021 | 7.6% | £1,247pcm |
| June 2020 | -0.4% | £1,159pcm |
| June 2019 | 0.6% | £1,164pcm |
| June 2018 | 1.3% | £1,157pcm |
| June 2017 | 0.6% | £1,142pcm |
| June 2016 | 2.4% | £1,135pcm |
| June 2015 | 1% | £1,108pcm |
| June 2014 | 3% | £1,097pcm |
| June 2013 | 0% | £1,065pcm |
| June 2012 | -0.3% | £1,066pcm |
| June 2011 | 0.4% | £1,069pcm |
| June 2010 | 5.3% | £1,065pcm |
| June 2009 | -4.9% | £1,012pcm |
| June 2008 | 4.6% | £1,064pcm |
| June 2007 | 0% | £1,017pcm |
Sales History
The last sale was on 28th February 2025 for £390,010 and since then the market in the area has increased by 4.1%. The postcode has had a total of 21 sales since 1995.
NE61 3RE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£390,010 | 3 Bed House24, De Mowbray Way, Morpeth, NE61 3RE24, De Mowbray Way, Morpeth, NE61 3RE
- Sold Jul 2018£325,000 | 4 Bed House21, De Mowbray Way, Morpeth, NE61 3RE21, De Mowbray Way, Morpeth, NE61 3RE
- Sold Sep 2016£295,000 | 4 Bed House23, De Mowbray Way, Morpeth, NE61 3RE23, De Mowbray Way, Morpeth, NE61 3RE
- Sold Oct 2013£250,000 | 4 Bed House28, De Mowbray Way, Morpeth, NE61 3RE28, De Mowbray Way, Morpeth, NE61 3RE
- Sold Aug 2013£245,000 | 4 Bed House11, De Mowbray Way, Morpeth, NE61 3RE11, De Mowbray Way, Morpeth, NE61 3RE
Nearby Postcodes
NE61 3RE is the 1225th largest and the 1034th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 3RF, De Mowbray Way, Morpeth, NE61NE61 3RF11 Addresses|70 m away
- NE61 3RG, Wansdyke, Morpeth, NE61NE61 3RG4 Addresses|104 m away
- NE61 3RQ, Wansdyke, Morpeth, NE61NE61 3RQ4 Addresses|124 m away
- NE61 3RN, Wansdyke, Morpeth, NE61NE61 3RN12 Addresses|149 m away
- NE61 3RW, Merle Gardens, Morpeth, NE61NE61 3RW18 Addresses|161 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 18 other addresses of unknown type
- mid-century house (11)
- house (2)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Feb 2025£390,010 | 3 Bed House24, De Mowbray Way, Morpeth, NE61 3RE24, De Mowbray Way, Morpeth, NE61 3RE
- Sold Jul 2018£325,000 | 4 Bed House21, De Mowbray Way, Morpeth, NE61 3RE21, De Mowbray Way, Morpeth, NE61 3RE
- Sold Apr 2021£320,000 | 4 Bed House36, De Mowbray Way, Morpeth, NE61 3RF36, De Mowbray Way, Morpeth, NE61 3RF
Schools Nearby
- Morpeth All Saints Church of England First School100 m away
- Abbeyfields First School1.0 km away
- St Roberts Catholic First School, Morpeth1.1 km away
- The King Edward VI School1.0 km away
- St Benet Biscop Catholic Academy7.9 km away
- Ashington Academy8.2 km away
More reading links
Public Transport Nearby
The closest station to NE61 3RE is Morpeth station, which is 2.0 kilometres away.
- Morpeth|2.0 km away
- Pegswood|4.1 km away
- Ashington|8.6 km away
- Bedlington|9.5 km away
