Pinewood Drive - NE61 3RR
Key Postcode Insights
NE61 3RR is a residential postcode situated on Pinewood Drive, Morpeth, NE61 with 5 addresses.
It ranks as the 437th largest and 1077th 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 5 properties: 5 houses.
- Ave. Sale Price
- £462,921
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,885pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
NE61 3RR is a residential postcode situated on Pinewood Drive, Morpeth, NE61 with 5 addresses.
It ranks as the 437th largest and 1077th 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 5 properties: 5 houses.
- Ave. Sale Price
- £462,921
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,885pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin NE61 3RR
- Pinewood House
5 Bed Mid-century House
- 1 Pinewood Drive
4 Bed Mid-century House
- 3 Pinewood Drive
Unknown
- 5 Pinewood Drive
Unknown
- 7 Pinewood Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in NE61 3RR sold for £500,000 on 24th July 2024. Since then prices are up an average of 4.0%.
The current average value in the postcode is £462,921.
The NE61 3RR Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £462,921 |
| June 2025 | 2.3% | £454,078 |
| June 2024 | 5.3% | £443,693 |
| June 2023 | 4.1% | £421,261 |
| June 2022 | 9% | £404,721 |
| June 2021 | 2.1% | £371,452 |
| June 2020 | 4.9% | £363,947 |
| June 2019 | 0.8% | £346,861 |
| June 2018 | 1.8% | £344,130 |
| June 2017 | 0.5% | £338,161 |
| June 2016 | 3.8% | £336,388 |
| June 2015 | 3% | £324,186 |
| June 2014 | 2.9% | £314,642 |
| June 2013 | -1.8% | £305,769 |
| June 2012 | -0.4% | £311,224 |
| June 2011 | -4.4% | £312,549 |
| June 2010 | 9.5% | £326,830 |
| June 2009 | -7% | £298,421 |
| June 2008 | 4.4% | £321,010 |
| June 2007 | 0% | £307,425 |
Rental Market Trends
The current average rental value in the postcode is £1,885.
The NE61 3RR Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £1,885pcm |
| June 2025 | 4.2% | £1,860pcm |
| June 2024 | 8.8% | £1,786pcm |
| June 2023 | 8.9% | £1,641pcm |
| June 2022 | 8.5% | £1,507pcm |
| June 2021 | 8% | £1,389pcm |
| June 2020 | -0.7% | £1,286pcm |
| June 2019 | 0.8% | £1,295pcm |
| June 2018 | 1.4% | £1,284pcm |
| June 2017 | 0.4% | £1,266pcm |
| June 2016 | 2.6% | £1,261pcm |
| June 2015 | 0.9% | £1,229pcm |
| June 2014 | 2.9% | £1,218pcm |
| June 2013 | 0.5% | £1,184pcm |
| June 2012 | -0.6% | £1,178pcm |
| June 2011 | 0.7% | £1,186pcm |
| June 2010 | 5.5% | £1,178pcm |
| June 2009 | -4.6% | £1,117pcm |
| June 2008 | 4.8% | £1,171pcm |
| June 2007 | 0% | £1,117pcm |
Sales History
The last sale was on 24th July 2024 for £500,000 and since then the market in the area has increased by 4.0%. The postcode has had a total of 5 sales since 1995.
NE61 3RR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£500,000 | 5 Bed HousePinewood House, Pinewood Drive, Morpeth, NE61 3RRPinewood House, Pinewood Drive, Morpeth, NE61 3RR
- Sold Apr 2022£460,000 | 4 Bed House7, Pinewood Drive, Morpeth, NE61 3RR7, Pinewood Drive, Morpeth, NE61 3RR
- Sold Jun 2019£260,000 | 4 Bed House7, Pinewood Drive, Morpeth, NE61 3RR7, Pinewood Drive, Morpeth, NE61 3RR
- Sold Jul 2016£270,000 | 4 Bed House1, Pinewood Drive, Morpeth, NE61 3RR1, Pinewood Drive, Morpeth, NE61 3RR
- Sold Sep 1996£99,500 | 4 Bed House5, Pinewood Drive, Morpeth, NE61 3RR5, Pinewood Drive, Morpeth, NE61 3RR
Nearby Postcodes
NE61 3RR is the 437th largest and the 1077th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 3RX, North Leech, Morpeth, NE61NE61 3RX11 Addresses|57 m away
- NE61 3RS, Pinewood Drive, Morpeth, NE61NE61 3RS5 Addresses|64 m away
- NE61 3JG, Hepscott, Morpeth, NE61NE61 3JG3 Addresses|75 m away
- NE61 3RJ, Wansdyke, Morpeth, NE61NE61 3RJ5 Addresses|108 m away
- NE61 3RP, Sweetbriar Close, Morpeth, NE61NE61 3RP14 Addresses|110 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2020£540,000 | 5 Bed House28, Pinewood Drive, Morpeth, NE61 3SX28, Pinewood Drive, Morpeth, NE61 3SX
- Sold Jul 2024£500,000 | 5 Bed HousePinewood House, Pinewood Drive, Morpeth, NE61 3RRPinewood House, Pinewood Drive, Morpeth, NE61 3RR
- Sold Jun 2023£475,000 | 5 Bed House27, Pinewood Drive, Morpeth, NE61 3RT27, Pinewood Drive, Morpeth, NE61 3RT
Schools Nearby
- Morpeth All Saints Church of England First School200 m away
- St Roberts Catholic First School, Morpeth1.0 km away
- Abbeyfields First School1.1 km away
- The King Edward VI School700 m away
- St Benet Biscop Catholic Academy7.8 km away
- Ashington Academy7.9 km away
More reading links
Public Transport Nearby
The closest station to NE61 3RR is Morpeth station, which is 1.9 kilometres away.
- Morpeth|1.9 km away
- Pegswood|3.8 km away
- Ashington|8.3 km away
- Widdrington|9.3 km away
