Park Drive - NE61 6QA
Key Street Insights
Park Drive is a residential street with 35 addresses.
It ranks as the 619th largest and 698th 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 35 properties: 35 houses.
- Ave. Sale Price
- £538,894
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,944pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Street Insights
Park Drive is a residential street with 35 addresses.
It ranks as the 619th largest and 698th 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 35 properties: 35 houses.
- Ave. Sale Price
- £538,894
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,944pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertieson Park Drive, Hepscott Park, Stannington, Morpeth, NE61
- The Gatehouse
4 Bed House
- 1 Park Drive
Unknown
- 2 Park Drive
5 Bed Mid-century House
- 3 Park Drive
Unknown
- 4 Park Drive
Unknown
Sales Market Trends
The last sale on Park Drive sold for £450,000 on 4th October 2024. Since then prices are up an average of 1.8%.
The current average value in the street is £538,894.
The Park Drive Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £538,894 |
| June 2025 | 1.3% | £531,046 |
| June 2024 | 1.5% | £524,482 |
| June 2023 | 4.4% | £516,867 |
| June 2022 | 7.6% | £495,266 |
| June 2021 | 5.1% | £460,072 |
| June 2020 | 2.9% | £437,727 |
| June 2019 | 0.8% | £425,273 |
| June 2018 | 2% | £421,866 |
| June 2017 | 0.9% | £413,557 |
| June 2016 | 2.9% | £409,835 |
| June 2015 | 3.4% | £398,418 |
| June 2014 | 2.8% | £385,270 |
| June 2013 | 1.7% | £374,893 |
| June 2012 | -2.2% | £368,700 |
| June 2011 | -3.3% | £377,095 |
| June 2010 | 5.7% | £389,957 |
| June 2009 | -7.9% | £368,816 |
| June 2008 | 2.3% | £400,572 |
| June 2007 | 0% | £391,452 |
Rental Market Trends
The current average rental value in the street is £1,944.
The Park Drive Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £1,944pcm |
| June 2025 | 4.4% | £1,919pcm |
| June 2024 | 8.5% | £1,838pcm |
| June 2023 | 9.9% | £1,695pcm |
| June 2022 | 9.2% | £1,542pcm |
| June 2021 | 7.6% | £1,412pcm |
| June 2020 | 0.3% | £1,312pcm |
| June 2019 | 1.1% | £1,308pcm |
| June 2018 | 1% | £1,293pcm |
| June 2017 | 0.6% | £1,280pcm |
| June 2016 | 2.5% | £1,273pcm |
| June 2015 | 1.7% | £1,242pcm |
| June 2014 | 2.6% | £1,221pcm |
| June 2013 | 0.8% | £1,190pcm |
| June 2012 | -0.5% | £1,180pcm |
| June 2011 | 1.1% | £1,186pcm |
| June 2010 | 5.5% | £1,173pcm |
| June 2009 | -3.4% | £1,112pcm |
| June 2008 | 3.4% | £1,150pcm |
| June 2007 | 0% | £1,113pcm |
Sales History
The last sale was on 4th October 2024 for £450,000 and since then the market in the area has increased by 1.8%. The street has had a total of 55 sales since 1995.
Park Drive, Hepscott Park, Stannington, Morpeth, NE61 has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£450,000 | 4 Bed House32, Park Drive, Morpeth, NE61 6QA32, Park Drive, Morpeth, NE61 6QA
- Sold Jul 2024£550,000 | 5 Bed House30, Park Drive, Morpeth, NE61 6QA30, Park Drive, Morpeth, NE61 6QA
- Sold Mar 2024£830,000 | 5 Bed House15, Park Drive, Morpeth, NE61 6QA15, Park Drive, Morpeth, NE61 6QA
- Sold Mar 2024£830,000 | 5 Bed House15, Park Drive, Morpeth, NE61 6QA15, Park Drive, Morpeth, NE61 6QA
- Sold Dec 2022£760,000 | 5 Bed House8, Park Drive, Morpeth, NE61 6QA8, Park Drive, Morpeth, NE61 6QA
Top 3 Most Expensive Sales
- Sold Mar 2024£830,000 | 5 Bed House15, Park Drive, Morpeth, NE61 6QA15, Park Drive, Morpeth, NE61 6QA
- Sold Mar 2024£830,000 | 5 Bed House15, Park Drive, Morpeth, NE61 6QA15, Park Drive, Morpeth, NE61 6QA
- Sold Dec 2022£760,000 | 5 Bed House8, Park Drive, Morpeth, NE61 6QA8, Park Drive, Morpeth, NE61 6QA
Nearby Streets
Park Drive, Hepscott Park, Stannington, Morpeth, NE61 is the 619th largest and the 698th most expensive street in the NE61 area.
- Pele Court, Hepscott Park, Stannington, Morpeth, NE613 Addresses|50 m away
- Smithy Lane, Hepscott Park, Stannington, Morpeth, NE617 Addresses|170 m away
- Bevan Court, Hepscott Park, Stannington, Morpeth, NE6118 Addresses|171 m away
- Shepherds Cote Drive, Hepscott Park, Stannington, Morpeth, NE6149 Addresses|213 m away
- Nursery Gardens, Stannington, Morpeth, NE6114 Addresses|836 m away
- Northcroft Grove, Stannington, Morpeth, NE612 Addresses|844 m away
Property Types
- 19 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (19)
- mid-century house (2)
- house (4)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (13)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (13)
Schools Nearby
- Meadowdale Academy2.9 km away
- Morpeth Stobhillgate First School3.0 km away
- Morpeth First School3.0 km away
- St Benet Biscop Catholic Academy3.1 km away
- The King Edward VI School5.1 km away
- Bedlington Academy5.7 km away
More reading links
Public Transport Nearby
The closest station to Park Drive, Hepscott Park, Stannington, Morpeth, NE61 - NE61 6QA is Morpeth station, which is 3.6 kilometres away.
- Morpeth|3.6 km away
- Pegswood|4.7 km away
- Bedlington|5.3 km away
