Pegswood Village - NE61 6RE
Key Postcode Insights
NE61 6RE is a residential postcode situated on Pegswood Village, Pegswood, Morpeth, NE61 with 14 addresses.
It ranks as the 937th largest and 631st most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £289,551
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,544pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NE61 6RE is a residential postcode situated on Pegswood Village, Pegswood, Morpeth, NE61 with 14 addresses.
It ranks as the 937th largest and 631st most expensive of the 1,363 postcodes in the NE61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £289,551
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,544pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NE61 6RE
- 1 North Farm Pegswood Village
3 Bed Modern House
- 10 North Farm Pegswood Village
4 Bed Modern House
- 11 North Farm Pegswood Village
5 Bed Modern House
- 2 North Farm Pegswood Village
3 Bed Modern House
- 3 North Farm Pegswood Village
4 Bed Modern House
Sales Market Trends
The last sale in NE61 6RE sold for £400,000 on 8th December 2025. Since then prices are up an average of 2.1%.
The current average value in the postcode is £289,551.
The NE61 6RE Sales Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £289,551 |
| June 2025 | 3% | £281,080 |
| June 2024 | 5.2% | £272,844 |
| June 2023 | 3.6% | £259,441 |
| June 2022 | 9.5% | £250,464 |
| June 2021 | 3.2% | £228,788 |
| June 2020 | 5% | £221,720 |
| June 2019 | 0.3% | £211,153 |
| June 2018 | 2.1% | £210,557 |
| June 2017 | 0.8% | £206,266 |
| June 2016 | 2.9% | £204,625 |
| June 2015 | 2.7% | £198,947 |
| June 2014 | 3.1% | £193,698 |
| June 2013 | -2% | £187,919 |
| June 2012 | -0.4% | £191,800 |
| June 2011 | -5% | £192,495 |
| June 2010 | 7.5% | £202,567 |
| June 2009 | -9% | £188,355 |
| June 2008 | 2.4% | £206,950 |
| June 2007 | 0% | £202,102 |
Rental Market Trends
The current average rental value in the postcode is £1,544.
The NE61 6RE Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,544pcm |
| June 2025 | 5.1% | £1,508pcm |
| June 2024 | 9.3% | £1,434pcm |
| June 2023 | 8.2% | £1,312pcm |
| June 2022 | 9.3% | £1,212pcm |
| June 2021 | 8.3% | £1,109pcm |
| June 2020 | -0.5% | £1,024pcm |
| June 2019 | 0.6% | £1,029pcm |
| June 2018 | 1.7% | £1,023pcm |
| June 2017 | 0.3% | £1,006pcm |
| June 2016 | 2.3% | £1,002pcm |
| June 2015 | 0.8% | £979pcm |
| June 2014 | 3% | £972pcm |
| June 2013 | -0.3% | £944pcm |
| June 2012 | -0.3% | £946pcm |
| June 2011 | 0% | £949pcm |
| June 2010 | 4.1% | £949pcm |
| June 2009 | -6% | £912pcm |
| June 2008 | 3.8% | £969pcm |
| June 2007 | 0% | £934pcm |
Sales History
The last sale was on 8th December 2025 for £400,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 28 sales since 1995.
NE61 6RE has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£400,000 | 4 Bed House9 North Farm, Pegswood Village, Morpeth, NE61 6RE9 North Farm, Pegswood Village, Morpeth, NE61 6RE
- Sold Aug 2025£295,000 | 4 Bed HouseAalten House, Pegswood Village, Morpeth, NE61 6REAalten House, Pegswood Village, Morpeth, NE61 6RE
- Sold Jul 2022£287,500 | 4 Bed HouseAalten House, Pegswood Village, Morpeth, NE61 6REAalten House, Pegswood Village, Morpeth, NE61 6RE
- Sold Jun 2021£257,000 | 4 Bed House10 North Farm, Pegswood Village, Morpeth, NE61 6RE10 North Farm, Pegswood Village, Morpeth, NE61 6RE
- Sold Sep 2019£280,000 | 4 Bed House9 North Farm, Pegswood Village, Morpeth, NE61 6RE9 North Farm, Pegswood Village, Morpeth, NE61 6RE
Nearby Postcodes
NE61 6RE is the 937th largest and the 631st most expensive postcode out of the 1,363 postcodes in the NE61 area.
- NE61 6TL, Petworth Gardens, Pegswood, Morpeth, NE61NE61 6TL6 Addresses|70 m away
- NE61 6RG, Pegswood Village, Pegswood, Morpeth, NE61NE61 6RG10 Addresses|78 m away
- NE61 6TF, Blenheim Gardens, Pegswood, Morpeth, NE61NE61 6TF9 Addresses|87 m away
- NE61 6RP, West View, Pegswood, Morpeth, NE61NE61 6RP2 Addresses|103 m away
- NE61 6RR, West View, Pegswood, Morpeth, NE61NE61 6RR10 Addresses|110 m away
Property Types
- 2 period houses built between 1800 and 1911
- 9 modern houses built after 1980
- 2 houses of an unknown age
- 1 other address of unknown type
- period house (2)
- modern house (9)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (8)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2015£500,000 | 4 Bed HouseEast Farm, Pegswood Village, Morpeth, NE61 6TXEast Farm, Pegswood Village, Morpeth, NE61 6TX
- Sold Dec 2025£400,000 | 4 Bed House9 North Farm, Pegswood Village, Morpeth, NE61 6RE9 North Farm, Pegswood Village, Morpeth, NE61 6RE
- Sold Sep 2022£380,000 | 4 Bed HouseEast Farm, Pegswood Village, Morpeth, NE61 6TXEast Farm, Pegswood Village, Morpeth, NE61 6TX
Schools Nearby
- Pegswood Primary School400 m away
- Morpeth Stobhillgate First School2.8 km away
- St Roberts Catholic First School, Morpeth3.1 km away
- The King Edward VI School2.8 km away
- Ashington Academy4.5 km away
- St Benet Biscop Catholic Academy6.1 km away
More reading links
Public Transport Nearby
The closest station to NE61 6RE is Pegswood station, which is 500 metres away.
- Pegswood|500 m away
- Morpeth|3.0 km away
- Ashington|4.9 km away
- Bedlington|6.8 km away
