Cresswell, Morpeth - NE61 5LE
Key Postcode Insights
NE61 5LE is a residential postcode situated on Cresswell, Morpeth, NE61 with 2 addresses.
It ranks as the 191st largest and 1201st 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 2 properties: 2 houses.
- Ave. Sale Price
- £543,088
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £2,288pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
NE61 5LE is a residential postcode situated on Cresswell, Morpeth, NE61 with 2 addresses.
It ranks as the 191st largest and 1201st 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 2 properties: 2 houses.
- Ave. Sale Price
- £543,088
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £2,288pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin NE61 5LE
Sales Market Trends
The last sale in NE61 5LE sold for £1,250,000 on 24th November 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £543,088.
The NE61 5LE Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £543,088 |
| June 2025 | 0.4% | £535,194 |
| June 2024 | 3.2% | £532,850 |
| June 2023 | 3.2% | £516,195 |
| June 2022 | 8% | £500,333 |
| June 2021 | 9% | £463,206 |
| June 2020 | 4% | £425,089 |
| June 2019 | -1.5% | £408,821 |
| June 2018 | 2.1% | £415,022 |
| June 2017 | 3.3% | £406,434 |
| June 2016 | 0% | £393,592 |
| June 2015 | 1.6% | £393,711 |
| June 2014 | 3% | £387,680 |
| June 2013 | 0.6% | £376,524 |
| June 2012 | -1.6% | £374,198 |
| June 2011 | -4.6% | £380,231 |
| June 2010 | 6.8% | £398,427 |
| June 2009 | -11.2% | £372,922 |
| June 2008 | -2.1% | £420,061 |
| June 2007 | 0% | £429,069 |
Rental Market Trends
The current average rental value in the postcode is £2,288.
The NE61 5LE Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £2,288pcm |
| June 2025 | 4.1% | £2,259pcm |
| June 2024 | 8.7% | £2,171pcm |
| June 2023 | 8.9% | £1,999pcm |
| June 2022 | 8.2% | £1,835pcm |
| June 2021 | 8% | £1,696pcm |
| June 2020 | -0.8% | £1,570pcm |
| June 2019 | 0.9% | £1,582pcm |
| June 2018 | 1.5% | £1,567pcm |
| June 2017 | 0.1% | £1,544pcm |
| June 2016 | 2.7% | £1,542pcm |
| June 2015 | 0.9% | £1,501pcm |
| June 2014 | 2.7% | £1,487pcm |
| June 2013 | 0.8% | £1,449pcm |
| June 2012 | -0.8% | £1,438pcm |
| June 2011 | 0.8% | £1,449pcm |
| June 2010 | 5.3% | £1,437pcm |
| June 2009 | -4.5% | £1,365pcm |
| June 2008 | 4.8% | £1,429pcm |
| June 2007 | 0% | £1,364pcm |
Sales History
The last sale was on 24th November 2023 for £1,250,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NE61 5LE has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE61 5LE is the 191st largest and the 1201st most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 5LD, South Side, Cresswell, Morpeth, NE61NE61 5LD12 Addresses|84 m away
- NE61 5LF, Beach Road, Cresswell, Morpeth, NE61NE61 5LF1 Addresses|231 m away
- NE61 5LA, Cresswell, Morpeth, NE61NE61 5LA7 Addresses|247 m away
- NE61 5DQ, Ocean View, Cresswell, Morpeth, NE61NE61 5DQ5 Addresses|266 m away
- NE61 5JY, Cresswell, Morpeth, NE61NE61 5JY5 Addresses|308 m away
Property Types
- 2 period houses built between 1800 and 1911
- period house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Ellington Primary School2.0 km away
- NCEA William Leech CofE Primary School2.3 km away
- Linton Primary School3.8 km away
- NCEA Duke's Secondary School6.5 km away
- Ashington Academy6.9 km away
- Bedlington Academy10.8 km away
More reading links
Public Transport Nearby
The closest station to NE61 5LE is Widdrington station, which is 5.1 kilometres away.
- Widdrington|5.1 km away
- Ashington|6.2 km away
- Pegswood|9.3 km away
- Bedlington|10.6 km away
