Gallowhill, Morpeth - NE61 3TZ
Key Postcode Insights
NE61 3TZ is a residential postcode situated on Gallowhill, Morpeth, NE61 with 4 addresses.
It ranks as the 365th largest and 1189th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £629,210
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £2,462pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
NE61 3TZ is a residential postcode situated on Gallowhill, Morpeth, NE61 with 4 addresses.
It ranks as the 365th largest and 1189th most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £629,210
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £2,462pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin NE61 3TZ
Sales Market Trends
The last sale in NE61 3TZ sold for £82,500 on 16th January 1995. Since then prices are down an average of 0.0%.
The current average value in the postcode is £629,210.
The NE61 3TZ Sales Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £629,210 |
| June 2025 | 1.3% | £622,124 |
| June 2024 | 2.7% | £614,072 |
| June 2023 | 3.4% | £597,692 |
| June 2022 | 8.3% | £577,766 |
| June 2021 | 5.3% | £533,581 |
| June 2020 | 2.9% | £506,641 |
| June 2019 | 0.7% | £492,227 |
| June 2018 | 2.3% | £488,745 |
| June 2017 | 1.2% | £477,650 |
| June 2016 | 3.6% | £471,806 |
| June 2015 | 3.4% | £455,585 |
| June 2014 | 2.2% | £440,393 |
| June 2013 | 1.2% | £430,751 |
| June 2012 | -2% | £425,673 |
| June 2011 | -3.4% | £434,233 |
| June 2010 | 6.7% | £449,309 |
| June 2009 | -7.6% | £421,192 |
| June 2008 | 3.6% | £456,018 |
| June 2007 | 0% | £440,119 |
Rental Market Trends
The current average rental value in the postcode is £2,462.
The NE61 3TZ Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £2,462pcm |
| June 2025 | 4.3% | £2,436pcm |
| June 2024 | 8.4% | £2,336pcm |
| June 2023 | 10% | £2,155pcm |
| June 2022 | 8.7% | £1,960pcm |
| June 2021 | 7.6% | £1,802pcm |
| June 2020 | 0.2% | £1,675pcm |
| June 2019 | 1.2% | £1,671pcm |
| June 2018 | 1.2% | £1,652pcm |
| June 2017 | 0.3% | £1,632pcm |
| June 2016 | 2.7% | £1,627pcm |
| June 2015 | 1.8% | £1,585pcm |
| June 2014 | 2.5% | £1,558pcm |
| June 2013 | 1.2% | £1,520pcm |
| June 2012 | -0.5% | £1,502pcm |
| June 2011 | 1.5% | £1,509pcm |
| June 2010 | 5.2% | £1,487pcm |
| June 2009 | -3.4% | £1,414pcm |
| June 2008 | 3.4% | £1,464pcm |
| June 2007 | 0% | £1,416pcm |
Sales History
The last sale was on 16th January 1995 for £82,500 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE61 3TZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE61 3TZ is the 365th largest and the 1189th most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 3TU, Whalton Park, Gallowhill, Morpeth, NE61NE61 3TU18 Addresses|780 m away
- NE61 3TX, Gallowhill, Morpeth, NE61NE61 3TX3 Addresses|892 m away
- NE61 3TY, Gallowhill, Morpeth, NE61NE61 3TY2 Addresses|901 m away
- NE61 3TT, Gallowhill, Morpeth, NE61NE61 3TT3 Addresses|1.4 km away
- NE61 3UA, Bolam, Morpeth, NE61NE61 3UA10 Addresses|1.6 km away
Property Types
- 1 period house built between 1800 and 1911
- 3 other addresses of unknown type
- period house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
Schools Nearby
- Belsay Primary School2.5 km away
- Whalton Church of England Aided Primary School3.1 km away
- Cambo First School8.7 km away
- The King Edward VI School11.1 km away
- Ponteland High School11.4 km away
- St Benet Biscop Catholic Academy15.3 km away
More reading links
Public Transport Nearby
The closest station to NE61 3TZ is Morpeth station, which is 11.1 kilometres away.
- Morpeth|11.1 km away
- Pegswood|14.0 km away
- Cramlington|16.3 km away
- Wylam|17.0 km away
