Spencer Drive - NE61 6SZ
Key Street Insights
Spencer Drive is a residential street with 31 addresses.
It ranks as the 593rd largest and 64th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £117,191
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £785pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Street Insights
Spencer Drive is a residential street with 31 addresses.
It ranks as the 593rd largest and 64th most expensive of the 770 streets in the NE61 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £117,191
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £785pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Propertieson Spencer Drive, Pegswood, Morpeth, NE61
- 1 Spencer Drive
3 Bed Mid-century House
- 2 Spencer Drive
3 Bed Mid-century House
- 3 Spencer Drive
3 Bed Mid-century House
- 4 Spencer Drive
3 Bed Mid-century House
- 5 Spencer Drive
3 Bed Mid-century House
Sales Market Trends
The last sale on Spencer Drive sold for £112,500 on 24th May 2023. Since then prices are up an average of 16.6%.
The current average value in the street is £117,191.
The Spencer Drive Sales Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £117,191 |
| June 2025 | 4.1% | £112,585 |
| June 2024 | 5.9% | £108,131 |
| June 2023 | 2.9% | £102,081 |
| June 2022 | 10.4% | £99,202 |
| June 2021 | 3% | £89,845 |
| June 2020 | 5.3% | £87,203 |
| June 2019 | 0.1% | £82,796 |
| June 2018 | 2.4% | £82,689 |
| June 2017 | 0.6% | £80,755 |
| June 2016 | 2.8% | £80,247 |
| June 2015 | 2.7% | £78,041 |
| June 2014 | 3.1% | £76,017 |
| June 2013 | -3% | £73,701 |
| June 2012 | 0.1% | £75,980 |
| June 2011 | -5.6% | £75,883 |
| June 2010 | 6.5% | £80,404 |
| June 2009 | -9.9% | £75,523 |
| June 2008 | 2% | £83,827 |
| June 2007 | 0% | £82,189 |
Rental Market Trends
The current average rental value in the street is £785.
The Spencer Drive Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £785pcm |
| June 2025 | 6.1% | £758pcm |
| June 2024 | 9.8% | £715pcm |
| June 2023 | 7.6% | £651pcm |
| June 2022 | 10.1% | £605pcm |
| June 2021 | 8.6% | £550pcm |
| June 2020 | -0.2% | £506pcm |
| June 2019 | 0.3% | £507pcm |
| June 2018 | 2.1% | £506pcm |
| June 2017 | 0.3% | £496pcm |
| June 2016 | 2% | £494pcm |
| June 2015 | 0.7% | £484pcm |
| June 2014 | 3.1% | £481pcm |
| June 2013 | -1.1% | £467pcm |
| June 2012 | 0.1% | £472pcm |
| June 2011 | -0.7% | £472pcm |
| June 2010 | 2.8% | £475pcm |
| June 2009 | -7.2% | £462pcm |
| June 2008 | 2.9% | £498pcm |
| June 2007 | 0% | £484pcm |
Sales History
The last sale was on 24th May 2023 for £112,500 and since then the market in the area has increased by 16.6%. The street has had a total of 11 sales since 1995.
Spencer Drive, Pegswood, Morpeth, NE61 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£112,500 | 3 Bed House26, Spencer Drive, Morpeth, NE61 6SZ26, Spencer Drive, Morpeth, NE61 6SZ
- Sold Nov 2022£74,000 | 3 Bed House23, Spencer Drive, Morpeth, NE61 6SZ23, Spencer Drive, Morpeth, NE61 6SZ
- Sold Aug 2022£75,000 | 3 Bed House26, Spencer Drive, Morpeth, NE61 6SZ26, Spencer Drive, Morpeth, NE61 6SZ
- Sold Jul 2022£120,000 | 3 Bed House4, Spencer Drive, Morpeth, NE61 6SZ4, Spencer Drive, Morpeth, NE61 6SZ
- Sold Apr 2022£76,000 | 3 Bed House8, Spencer Drive, Morpeth, NE61 6SZ8, Spencer Drive, Morpeth, NE61 6SZ
Top 3 Most Expensive Sales
- Sold Jul 2022£120,000 | 3 Bed House4, Spencer Drive, Morpeth, NE61 6SZ4, Spencer Drive, Morpeth, NE61 6SZ
- Sold Feb 2021£114,950 | 3 Bed House28, Spencer Drive, Morpeth, NE61 6SZ28, Spencer Drive, Morpeth, NE61 6SZ
- Sold May 2023£112,500 | 3 Bed House26, Spencer Drive, Morpeth, NE61 6SZ26, Spencer Drive, Morpeth, NE61 6SZ
Nearby Streets
Spencer Drive, Pegswood, Morpeth, NE61 is the 593rd largest and the 64th most expensive street in the NE61 area.
- Cavendish Square, Pegswood, Morpeth, NE6120 Addresses|58 m away
- Howard Grove, Pegswood, Morpeth, NE6132 Addresses|78 m away
- West View, Pegswood, Morpeth, NE6172 Addresses|117 m away
- Blenheim Gardens, Pegswood, Morpeth, NE619 Addresses|149 m away
- Bentinck Crescent, Pegswood, Morpeth, NE6138 Addresses|149 m away
- Climbing Tree Walk, Pegswood, Morpeth, NE6120 Addresses|183 m away
Property Types
- 25 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (25)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (17)
- G (0)
- D (8)
- No EPC (6)
Schools Nearby
- Pegswood Primary School600 m away
- Morpeth Stobhillgate First School2.6 km away
- St Roberts Catholic First School, Morpeth2.9 km away
- The King Edward VI School2.7 km away
- Ashington Academy4.6 km away
- St Benet Biscop Catholic Academy6.1 km away
More reading links
Public Transport Nearby
The closest station to Spencer Drive, Pegswood, Morpeth, NE61 - NE61 6SZ is Pegswood station, which is 600 metres away.
- Pegswood|600 m away
- Morpeth|2.8 km away
- Ashington|5.0 km away
