NE61 5YL is a residential postcode situated on Bridge Road, Lynemouth, Morpeth, NE61 with 2 addresses.
It ranks as the 200th largest and 85th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 flats.
NE61 5YL is a residential postcode situated on Bridge Road, Lynemouth, Morpeth, NE61 with 2 addresses.
It ranks as the 200th largest and 85th most expensive of the 1,363 postcodes in the NE61 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 flats.
Sale prices range from £99,385 for 2 bedroom Leasehold flats with a garden (893 ft2) to £102,346 for 2 bedroom leasehold flats (495 ft2) .
Monthly rental prices range from £719 pcm for 2 bed flats to £771 pcm for 2 bed flats.
The gross rental yield is between 8.7% and 9.0%.
The average value per square foot is £159.
The last sale in NE61 5YL sold for £117,000 on 26th August 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £100,865.
The NE61 5YL Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £100,865 |
| April 2025 | 0.5% | £100,064 |
| April 2024 | 3.2% | £99,527 |
| April 2023 | 3.1% | £96,459 |
| April 2022 | 6.9% | £93,545 |
| April 2021 | 4.7% | £87,495 |
| April 2020 | 3.1% | £83,538 |
| April 2019 | -0.2% | £81,044 |
| April 2018 | -0.9% | £81,224 |
| April 2017 | 1.7% | £81,972 |
| April 2016 | -2.2% | £80,574 |
| April 2015 | 1% | £82,374 |
| April 2014 | 1.3% | £81,570 |
| April 2013 | -2.9% | £80,533 |
| April 2012 | -1.2% | £82,971 |
| April 2011 | -6.8% | £83,937 |
| April 2010 | -1.1% | £90,103 |
| April 2009 | -15.1% | £91,136 |
| April 2008 | 0% | £107,284 |
| April 2007 | 0% | £107,253 |
The current average rental value in the postcode is £745.
The NE61 5YL Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £745pcm |
| April 2025 | 7% | £724pcm |
| April 2024 | 8.7% | £677pcm |
| April 2023 | 5.2% | £623pcm |
| April 2022 | 6.5% | £592pcm |
| April 2021 | 1.9% | £555pcm |
| April 2020 | 0% | £545pcm |
| April 2019 | -0.2% | £545pcm |
| April 2018 | -0.3% | £546pcm |
| April 2017 | -1.6% | £548pcm |
| April 2016 | 0.1% | £557pcm |
| April 2015 | 0% | £556pcm |
| April 2014 | -1.9% | £556pcm |
| April 2013 | 0.2% | £567pcm |
| April 2012 | -1.1% | £566pcm |
| April 2011 | -0.3% | £572pcm |
| April 2010 | -3.2% | £574pcm |
| April 2009 | -5.7% | £593pcm |
| April 2008 | 3% | £629pcm |
| April 2007 | 0% | £610pcm |
The last sale was on 26th August 2020 for £117,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
NE61 5YL has seen no sales in the last three years and no sales in the last twelve months.
NE61 5YL is the 200th largest and the 85th most expensive postcode out of the 1,363 postcodes in the NE61 area.
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The closest station to NE61 5YL is Ashington station which is 3.9 kilometres away.
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