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Oak Place is a residential street with 6 addresses.
It ranks as the 159th largest and 202nd most expensive of the 785 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Oak Place is a residential street with 6 addresses.
It ranks as the 159th largest and 202nd most expensive of the 785 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £146,920 for 3 bedroom freehold houses with a garden (721 ft2) to £178,846 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £1,054 pcm for 3 bed houses to £1,155 pcm for 3 bed houses.
The gross rental yield is between 7.8% and 8.6%.
The average value per square foot is £178.
The last sale on Oak Place sold for £100,000 on 22nd June 2020. Since then prices are up an average of 30.5%.
The current average value in the street is £167,696.
The Oak Place Sales Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £167,696 |
| April 2025 | 4.2% | £162,908 |
| April 2024 | 4.5% | £156,385 |
| April 2023 | 3.9% | £149,642 |
| April 2022 | 8.9% | £144,002 |
| April 2021 | 2.9% | £132,247 |
| April 2020 | 4.7% | £128,515 |
| April 2019 | 0.8% | £122,794 |
| April 2018 | 2% | £121,762 |
| April 2017 | 1.9% | £119,424 |
| April 2016 | 3.4% | £117,211 |
| April 2015 | 2.2% | £113,387 |
| April 2014 | 3.8% | £110,981 |
| April 2013 | -3.9% | £106,918 |
| April 2012 | 1.4% | £111,213 |
| April 2011 | -3.9% | £109,679 |
| April 2010 | 4.7% | £114,109 |
| April 2009 | -9.8% | £108,955 |
| April 2008 | 5.2% | £120,801 |
| April 2007 | 0% | £114,805 |
The current average rental value in the street is £1,119.
The Oak Place Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,119pcm |
| April 2025 | 7.7% | £1,076pcm |
| April 2024 | 8.1% | £999pcm |
| April 2023 | 8.1% | £924pcm |
| April 2022 | 8.8% | £855pcm |
| April 2021 | 6.9% | £786pcm |
| April 2020 | 2% | £735pcm |
| April 2019 | 0% | £721pcm |
| April 2018 | 0.5% | £721pcm |
| April 2017 | 1.3% | £718pcm |
| April 2016 | 2.1% | £708pcm |
| April 2015 | 0.9% | £694pcm |
| April 2014 | 1.5% | £688pcm |
| April 2013 | 1.1% | £677pcm |
| April 2012 | 1.1% | £670pcm |
| April 2011 | -0.2% | £663pcm |
| April 2010 | 1.3% | £664pcm |
| April 2009 | -4.7% | £655pcm |
| April 2008 | 3.4% | £688pcm |
| April 2007 | 0% | £665pcm |
The last sale was on 22nd June 2020 for £100,000 and since then the market in the area has increased by 30.5%. The street has had a total of 6 sales since 1995.
Oak Place, Morpeth, NE61 has seen no sales in the last three years and no sales in the last twelve months.
Oak Place, Morpeth, NE61 is the 159th largest and the 202nd most expensive street in the NE61 area.
There is 1 postcode on Oak Place, Morpeth, NE61.
The closest station to Oak Place, Morpeth, NE61 is Morpeth station which is 3.2 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Oak Place, Morpeth, NE61, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Oak Place, Morpeth, NE61, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Oak Place, Morpeth, NE61, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Oak Place, Morpeth, NE61, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.