The Chip - NE61 2DR
Key Street Insights
The Chip is a residential street with 8 addresses.
It ranks as the 222nd largest and 380th 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 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £267,319
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £1,450pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
The Chip is a residential street with 8 addresses.
It ranks as the 222nd largest and 380th 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 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £267,319
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £1,450pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties on The Chip, Loansdean, Morpeth, NE61
- 1 The Chip
3 Bed Mid-century House
- 2 The Chip
3 Bed Mid-century House
- 3 The Chip
3 Bed Mid-century House
- 4 The Chip
House
- 5 The Chip
3 Bed Mid-century House
Sales Market Trends
The last sale on The Chip sold for £262,000 on 6th December 2024. Since then prices are up an average of 5.1%.
The current average value in the street is £267,319.
The The Chip Sales Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £267,319 |
| June 2025 | 3% | £259,965 |
| June 2024 | 5.5% | £252,422 |
| June 2023 | 3.7% | £239,163 |
| June 2022 | 9.7% | £230,563 |
| June 2021 | 1.9% | £210,242 |
| June 2020 | 5.2% | £206,369 |
| June 2019 | 0.4% | £196,094 |
| June 2018 | 1.7% | £195,241 |
| June 2017 | 0.9% | £191,973 |
| June 2016 | 3.3% | £190,320 |
| June 2015 | 3% | £184,309 |
| June 2014 | 3.1% | £178,867 |
| June 2013 | -2.4% | £173,458 |
| June 2012 | 0% | £177,675 |
| June 2011 | -4.9% | £177,738 |
| June 2010 | 8.7% | £186,798 |
| June 2009 | -7.9% | £171,851 |
| June 2008 | 3.7% | £186,542 |
| June 2007 | 0% | £179,926 |
Rental Market Trends
The current average rental value in the street is £1,450.
The The Chip Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,450pcm |
| June 2025 | 4.9% | £1,419pcm |
| June 2024 | 9.3% | £1,353pcm |
| June 2023 | 8.4% | £1,238pcm |
| June 2022 | 9.3% | £1,141pcm |
| June 2021 | 7.6% | £1,044pcm |
| June 2020 | -0.3% | £970pcm |
| June 2019 | 0.5% | £973pcm |
| June 2018 | 1.4% | £968pcm |
| June 2017 | 0.7% | £955pcm |
| June 2016 | 2.3% | £949pcm |
| June 2015 | 1% | £928pcm |
| June 2014 | 3% | £919pcm |
| June 2013 | -0.3% | £892pcm |
| June 2012 | -0.2% | £895pcm |
| June 2011 | 0.1% | £896pcm |
| June 2010 | 4.9% | £895pcm |
| June 2009 | -5.3% | £854pcm |
| June 2008 | 4.3% | £901pcm |
| June 2007 | 0% | £864pcm |
Sales History
The last recorded sale was on 6th December 2024 for £262,000 and since then the market in the area has increased by 5.1%.
The Chip, Loansdean, Morpeth, NE61 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Dec 2024£262,000 | 3 Bed House7, The Chip, Morpeth, NE61 2DR7, The Chip, Morpeth, NE61 2DR
- Sold Jun 2023£230,000 | 3 Bed House5, The Chip, Morpeth, NE61 2DR5, The Chip, Morpeth, NE61 2DR
- Sold Dec 2021£210,000 | 3 Bed House6, The Chip, Morpeth, NE61 2DR6, The Chip, Morpeth, NE61 2DR
Top 3 Most Expensive Sales
- Sold Jun 2008£300,000 | 3 Bed House1, The Chip, Morpeth, NE61 2DR1, The Chip, Morpeth, NE61 2DR
- Sold Oct 2020£265,000 | 3 Bed House1, The Chip, Morpeth, NE61 2DR1, The Chip, Morpeth, NE61 2DR
- Sold Dec 2024£262,000 | 3 Bed House7, The Chip, Morpeth, NE61 2DR7, The Chip, Morpeth, NE61 2DR
Nearby Streets
The Chip, Loansdean, Morpeth, NE61 is the 222nd largest and the 380th most expensive street in the NE61 area.
- The Fairway, Loansdean, Morpeth, NE6145 Addresses|56 m away
- Triumph Green, Collingwood Manor, Morpeth, NE6117 Addresses|62 m away
- Mermaid Close, Collingwood Manor, Morpeth, NE6117 Addresses|68 m away
- The Turn, Loansdean, Morpeth, NE6146 Addresses|118 m away
- Baron Lane, Collingwood Manor, Morpeth, NE6114 Addresses|120 m away
- Preston Square, Collingwood Manor, Morpeth, NE6116 Addresses|126 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (1)
Schools Nearby
- Morpeth First School400 m away
- Morpeth Stobhillgate First School1.4 km away
- Abbeyfields First School1.5 km away
- The King Edward VI School2.5 km away
- St Benet Biscop Catholic Academy5.9 km away
- Ashington Academy7.6 km away
More reading links
Public Transport Nearby
The closest station to The Chip, Loansdean, Morpeth, NE61 - NE61 2DR is Morpeth station, which is 1.2 kilometres away.
- Morpeth|1.2 km away
- Pegswood|4.1 km away
- Bedlington|7.9 km away
