Pinewood Drive - NE61 3RT
Key Postcode Insights
NE61 3RT is a residential postcode situated on Pinewood Drive, Morpeth, NE61 with 5 addresses.
It ranks as the 439th largest and 995th 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
- £438,370
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,878pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
NE61 3RT is a residential postcode situated on Pinewood Drive, Morpeth, NE61 with 5 addresses.
It ranks as the 439th largest and 995th 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
- £438,370
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,878pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin NE61 3RT
- 19 Pinewood Drive
Unknown
- 21 Pinewood Drive
Unknown
- 23 Pinewood Drive
4 Bed Mid-century House
- 25 Pinewood Drive
4 Bed Mid-century House
- 27 Pinewood Drive
5 Bed Mid-century House
Sales Market Trends
The last sale in NE61 3RT sold for £475,000 on 20th June 2023. Since then prices are up an average of 10.2%.
The current average value in the postcode is £438,370.
The NE61 3RT Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £438,370 |
| June 2025 | 2.3% | £429,996 |
| June 2024 | 5.3% | £420,162 |
| June 2023 | 4.1% | £398,920 |
| June 2022 | 9% | £383,257 |
| June 2021 | 2.1% | £351,752 |
| June 2020 | 4.9% | £344,645 |
| June 2019 | 0.8% | £328,465 |
| June 2018 | 1.8% | £325,879 |
| June 2017 | 0.5% | £320,226 |
| June 2016 | 3.8% | £318,548 |
| June 2015 | 3% | £306,993 |
| June 2014 | 2.9% | £297,955 |
| June 2013 | -1.8% | £289,552 |
| June 2012 | -0.4% | £294,718 |
| June 2011 | -4.4% | £295,973 |
| June 2010 | 9.5% | £309,497 |
| June 2009 | -7% | £282,594 |
| June 2008 | 4.4% | £303,986 |
| June 2007 | 0% | £291,121 |
Rental Market Trends
The current average rental value in the postcode is £1,878.
The NE61 3RT Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £1,878pcm |
| June 2025 | 4.2% | £1,854pcm |
| June 2024 | 8.8% | £1,780pcm |
| June 2023 | 8.9% | £1,636pcm |
| June 2022 | 8.5% | £1,502pcm |
| June 2021 | 8% | £1,384pcm |
| June 2020 | -0.7% | £1,282pcm |
| June 2019 | 0.8% | £1,290pcm |
| June 2018 | 1.4% | £1,280pcm |
| June 2017 | 0.4% | £1,262pcm |
| June 2016 | 2.6% | £1,257pcm |
| June 2015 | 0.9% | £1,225pcm |
| June 2014 | 2.9% | £1,214pcm |
| June 2013 | 0.5% | £1,180pcm |
| June 2012 | -0.6% | £1,174pcm |
| June 2011 | 0.7% | £1,182pcm |
| June 2010 | 5.5% | £1,174pcm |
| June 2009 | -4.6% | £1,113pcm |
| June 2008 | 4.8% | £1,167pcm |
| June 2007 | 0% | £1,113pcm |
Sales History
The last sale was on 20th June 2023 for £475,000 and since then the market in the area has increased by 10.2%. The postcode has had a total of 3 sales since 1995.
NE61 3RT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£475,000 | 5 Bed House27, Pinewood Drive, Morpeth, NE61 3RT27, Pinewood Drive, Morpeth, NE61 3RT
- Sold Mar 1997£90,000 | 4 Bed House23, Pinewood Drive, Morpeth, NE61 3RT23, Pinewood Drive, Morpeth, NE61 3RT
- Sold Feb 1997£91,500 | 5 Bed House27, Pinewood Drive, Morpeth, NE61 3RT27, Pinewood Drive, Morpeth, NE61 3RT
Nearby Postcodes
NE61 3RT is the 439th largest and the 995th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 3RU, Badgers Green, Morpeth, NE61NE61 3RU17 Addresses|44 m away
- NE61 3RD, Pinewood Drive, Morpeth, NE61NE61 3RD1 Addresses|75 m away
- NE61 3RS, Pinewood Drive, Morpeth, NE61NE61 3RS5 Addresses|121 m away
- NE61 3RX, North Leech, Morpeth, NE61NE61 3RX11 Addresses|131 m away
- NE61 3RW, Merle Gardens, Morpeth, NE61NE61 3RW18 Addresses|151 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 School100 m away
- St Roberts Catholic First School, Morpeth1.1 km away
- Abbeyfields First School1.2 km away
- The King Edward VI School800 m away
- St Benet Biscop Catholic Academy7.9 km away
- Ashington Academy8.1 km away
More reading links
Public Transport Nearby
The closest station to NE61 3RT is Morpeth station, which is 2.0 kilometres away.
- Morpeth|2.0 km away
- Pegswood|3.9 km away
- Ashington|8.5 km away
- Widdrington|9.4 km away
