South Terrace - NE61 6LY
Key Postcode Insights
NE61 6LY is a residential postcode situated on South Terrace, Hepscott, Morpeth, NE61 with 4 addresses.
It ranks as the 404th largest and 681st 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
- £295,606
- 10 Year change
- up 43.5%
- Ave. Rental Price
- £1,413pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
NE61 6LY is a residential postcode situated on South Terrace, Hepscott, Morpeth, NE61 with 4 addresses.
It ranks as the 404th largest and 681st 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
- £295,606
- 10 Year change
- up 43.5%
- Ave. Rental Price
- £1,413pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin NE61 6LY
- 1 South Terrace
3 Bed Period House
- 2 South Terrace
House
- 3 South Terrace
3 Bed Period House
- 4 South Terrace
3 Bed Period House
Sales Market Trends
The last sale in NE61 6LY sold for £270,000 on 7th June 2023. Since then prices are up an average of 13.1%.
The current average value in the postcode is £295,606.
The NE61 6LY Sales Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £295,606 |
| June 2025 | 3.6% | £285,186 |
| June 2024 | 5.4% | £275,270 |
| June 2023 | 3.4% | £261,252 |
| June 2022 | 10% | £252,545 |
| June 2021 | 2.7% | £229,586 |
| June 2020 | 5.2% | £223,482 |
| June 2019 | 0.3% | £212,451 |
| June 2018 | 2% | £211,900 |
| June 2017 | 0.8% | £207,651 |
| June 2016 | 2.8% | £206,041 |
| June 2015 | 2.8% | £200,489 |
| June 2014 | 3.2% | £194,987 |
| June 2013 | -2.5% | £188,974 |
| June 2012 | -0.1% | £193,852 |
| June 2011 | -5.3% | £193,958 |
| June 2010 | 7% | £204,732 |
| June 2009 | -9.2% | £191,353 |
| June 2008 | 2.4% | £210,851 |
| June 2007 | 0% | £205,999 |
Rental Market Trends
The current average rental value in the postcode is £1,413.
The NE61 6LY Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,413pcm |
| June 2025 | 5.7% | £1,372pcm |
| June 2024 | 9.6% | £1,298pcm |
| June 2023 | 7.9% | £1,184pcm |
| June 2022 | 9.9% | £1,098pcm |
| June 2021 | 8.1% | £999pcm |
| June 2020 | -0.2% | £924pcm |
| June 2019 | 0.4% | £926pcm |
| June 2018 | 1.7% | £923pcm |
| June 2017 | 0.5% | £907pcm |
| June 2016 | 2.1% | £902pcm |
| June 2015 | 0.8% | £884pcm |
| June 2014 | 3.1% | £877pcm |
| June 2013 | -0.8% | £851pcm |
| June 2012 | 0% | £858pcm |
| June 2011 | -0.4% | £858pcm |
| June 2010 | 3.6% | £861pcm |
| June 2009 | -6.5% | £831pcm |
| June 2008 | 3.4% | £888pcm |
| June 2007 | 0% | £859pcm |
Sales History
The last sale was on 7th June 2023 for £270,000 and since then the market in the area has increased by 13.1%. The postcode has had a total of 9 sales since 1995.
NE61 6LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£270,000 | 3 Bed House1, South Terrace, Morpeth, NE61 6LY1, South Terrace, Morpeth, NE61 6LY
- Sold Sep 2021£247,000 | 3 Bed House3, South Terrace, Morpeth, NE61 6LY3, South Terrace, Morpeth, NE61 6LY
- Sold Apr 2015£127,500 | 3 Bed House4, South Terrace, Morpeth, NE61 6LY4, South Terrace, Morpeth, NE61 6LY
- Sold Nov 2003£159,950 | 3 Bed House1, South Terrace, Morpeth, NE61 6LY1, South Terrace, Morpeth, NE61 6LY
- Sold Nov 2001£95,000 | 3 Bed House3, South Terrace, Morpeth, NE61 6LY3, South Terrace, Morpeth, NE61 6LY
Nearby Postcodes
NE61 6LY is the 404th largest and the 681st most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 6LX, Hepscott, Morpeth, NE61NE61 6LX7 Addresses|48 m away
- NE61 6LZ, Park Side, Hepscott, Morpeth, NE61NE61 6LZ12 Addresses|54 m away
- NE61 6LT, Hepscott, Morpeth, NE61NE61 6LT15 Addresses|119 m away
- NE61 6LU, Field House Close, Hepscott, Morpeth, NE61NE61 6LU21 Addresses|154 m away
- NE61 6LS, Side Lane, Hepscott, Morpeth, NE61NE61 6LS2 Addresses|186 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2023£365,000 | 4 Bed House3, South Terrace, Morpeth, NE61 1DZ3, South Terrace, Morpeth, NE61 1DZ
- Sold Feb 2018£299,000 | 4 Bed House5, South Terrace, Morpeth, NE61 1DZ5, South Terrace, Morpeth, NE61 1DZ
- Sold Dec 2015£280,000 | 4 Bed House1, South Terrace, Morpeth, NE61 1DZ1, South Terrace, Morpeth, NE61 1DZ
Schools Nearby
- Morpeth Stobhillgate First School1.9 km away
- Morpeth First School2.4 km away
- Choppington Primary School3.0 km away
- St Benet Biscop Catholic Academy3.4 km away
- The King Edward VI School3.9 km away
- Ashington Academy5.3 km away
More reading links
Public Transport Nearby
The closest station to NE61 6LY is Morpeth station, which is 2.6 kilometres away.
- Morpeth|2.6 km away
- Pegswood|3.0 km away
- Bedlington|5.2 km away
- Ashington|6.0 km away
