Aspen Way - NE61 3BF
Key Street Insights
Aspen Way is a residential street with 19 addresses.
It ranks as the 461st largest and 577th most expensive of the 770 streets in the NE61 area. The most common property type is a modern house built after 1980.
The street contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £427,700
- 10 Year change
- up 38.8%
- Ave. Rental Price
- £1,810pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Street Insights
Aspen Way is a residential street with 19 addresses.
It ranks as the 461st largest and 577th most expensive of the 770 streets in the NE61 area. The most common property type is a modern house built after 1980.
The street contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £427,700
- 10 Year change
- up 38.8%
- Ave. Rental Price
- £1,810pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties on Aspen Way, Morpeth, NE61
- 1 Aspen Way
5 Bed Modern House
- 2 Aspen Way
3 Bed Modern House
- 3 Aspen Way
4 Bed Modern House
- 4 Aspen Way
3 Bed Modern House
- 5 Aspen Way
3 Bed Modern House
Sales Market Trends
The last sale on Aspen Way sold for £525,000 on 28th August 2024. Since then prices are up an average of 3.9%.
The current average value in the street is £427,700.
The Aspen Way Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £427,700 |
| June 2025 | 2.5% | £418,087 |
| June 2024 | 5% | £407,971 |
| June 2023 | 3.9% | £388,372 |
| June 2022 | 9.2% | £373,972 |
| June 2021 | 2.7% | £342,405 |
| June 2020 | 4.7% | £333,375 |
| June 2019 | 0.6% | £318,392 |
| June 2018 | 1.9% | £316,461 |
| June 2017 | 0.8% | £310,537 |
| June 2016 | 3.5% | £308,048 |
| June 2015 | 3.1% | £297,697 |
| June 2014 | 2.8% | £288,749 |
| June 2013 | -1.5% | £281,004 |
| June 2012 | -0.5% | £285,385 |
| June 2011 | -4.5% | £286,872 |
| June 2010 | 8.5% | £300,464 |
| June 2009 | -7.7% | £276,856 |
| June 2008 | 4% | £299,896 |
| June 2007 | 0% | £288,341 |
Rental Market Trends
The current average rental value in the street is £1,810.
The Aspen Way Rental Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,810pcm |
| June 2025 | 4.6% | £1,779pcm |
| June 2024 | 9% | £1,702pcm |
| June 2023 | 8.8% | £1,561pcm |
| June 2022 | 8.9% | £1,434pcm |
| June 2021 | 7.8% | £1,317pcm |
| June 2020 | -0.3% | £1,222pcm |
| June 2019 | 0.7% | £1,226pcm |
| June 2018 | 1.4% | £1,217pcm |
| June 2017 | 0.4% | £1,200pcm |
| June 2016 | 2.5% | £1,195pcm |
| June 2015 | 1.1% | £1,166pcm |
| June 2014 | 2.9% | £1,153pcm |
| June 2013 | 0.2% | £1,121pcm |
| June 2012 | -0.4% | £1,119pcm |
| June 2011 | 0.6% | £1,123pcm |
| June 2010 | 5% | £1,116pcm |
| June 2009 | -4.9% | £1,063pcm |
| June 2008 | 4.2% | £1,118pcm |
| June 2007 | 0% | £1,072pcm |
Sales History
The last recorded sale was on 28th August 2024 for £525,000 and since then the market in the area has increased by 3.9%.
Aspen Way, Morpeth, NE61 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£525,000 | 5 Bed House12, Aspen Way, Morpeth, NE61 3BF12, Aspen Way, Morpeth, NE61 3BF
- Sold Nov 2022£540,000 | 5 Bed House15, Aspen Way, Morpeth, NE61 3BF15, Aspen Way, Morpeth, NE61 3BF
- Sold Dec 2021£534,995 | 5 Bed House1, Aspen Way, Morpeth, NE61 3BF1, Aspen Way, Morpeth, NE61 3BF
Top 3 Most Expensive Sales
- Sold Nov 2022£540,000 | 5 Bed House15, Aspen Way, Morpeth, NE61 3BF15, Aspen Way, Morpeth, NE61 3BF
- Sold Dec 2021£534,995 | 5 Bed House1, Aspen Way, Morpeth, NE61 3BF1, Aspen Way, Morpeth, NE61 3BF
- Sold Aug 2024£525,000 | 5 Bed House12, Aspen Way, Morpeth, NE61 3BF12, Aspen Way, Morpeth, NE61 3BF
Nearby Streets
Aspen Way, Morpeth, NE61 is the 461st largest and the 577th most expensive street in the NE61 area.
- Cherry Close, Morpeth, NE6115 Addresses|60 m away
- Juniper Court, Morpeth, NE616 Addresses|68 m away
- Poplar Place, Morpeth, NE6119 Addresses|89 m away
- Oak Place, Morpeth, NE616 Addresses|142 m away
- Orchid Crescent, Morpeth, NE6117 Addresses|143 m away
- Pennyroyal Drive, Fairmoor Meadows, Morpeth, NE619 Addresses|148 m away
Property Types
- 19 modern houses built after 1980
- modern house (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (17)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Morpeth All Saints Church of England First School1.2 km away
- St Roberts Catholic First School, Morpeth2.2 km away
- Abbeyfields First School2.3 km away
- The King Edward VI School1.6 km away
- Ashington Academy8.6 km away
- St Benet Biscop Catholic Academy8.9 km away
More reading links
Public Transport Nearby
The closest station to Aspen Way, Morpeth, NE61 - NE61 3BF is Morpeth station, which is 3.1 kilometres away.
- Morpeth|3.1 km away
- Pegswood|4.4 km away
- Widdrington|8.9 km away
