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House Prices in NE65 House Prices in NE65 (Morpeth)

The average house price in NE65 (Morpeth) is £241,333 using HM Land Registry data.

The average property price increased by £61,429 (23.54%) over the last 5 years and increased by £12,308 (3.61%) over the last 12 months.

Over the last year, there were 240 residential property sales – a decrease of 126 transactions (-52.50%) relative to the previous year. The majority of house sales (69) were in the £110,000 - £198,000 range. Then came properties in the £198,000 - £286,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,014 (-4%).

In Oct 24, there were 65 new estate agency instructions, 47 agreed home sales and 27 property price reductions.

Nearby Postcodes: NE13, NE19, NE20, NE22, NE23, NE45, NE46, NE48, NE61, NE62, NE63, NE66, NE67, NE70, NE71, TD10, TD12, TD15, TD3, TD4, TD5, TD6, TD8, TD9

5-Year Average Property Prices in NE65 (Morpeth)

23.54%

Property prices in Morpeth increased by 23.54% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE65 (Morpeth) Over the Last Year

3.61%

Property prices in Morpeth increased by 3.61% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE65 (Morpeth) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE65 (Morpeth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE65 (Morpeth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE65 (Morpeth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE65 (Morpeth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE65 postcode area since 1995.

Recent Sales in NE65 (Morpeth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Manor Grange, North Broomhill, Morpeth, Northumberland, NE65 9YP£260,000£260,000£0001 May 202422 Aug 2024113 Days
15 Wrights Square, Rothbury, Morpeth, Northumberland, NE65 7BF£250,000£197,000-£53,00021 Sep 202313 Aug 2024327 Days
9 Cragside Court, Rothbury, Morpeth, Northumberland, NE65 7YX£325,000£325,000£0012 Apr 202409 Aug 2024119 Days
16 Anderson Crescent, Amble, Morpeth, Northumberland, NE65 0QL£175,000£168,500-£6,50021 Mar 202407 Aug 2024139 Days
32 Lindisfarne Road, Amble, Morpeth, Northumberland, NE65 0EH£180,000£170,000-£10,00006 Mar 202405 Aug 2024152 Days
16 The Maltings, Rothbury, Morpeth, Northumberland, NE65 7TG£235,000£234,250-£75003 Apr 202405 Aug 2024124 Days
25 Westfield, Amble, Morpeth, Northumberland, NE65 0NR£137,500£115,000-£22,50022 Sep 202331 Jul 2024313 Days
11 Sylvias Close, Amble, Morpeth, Northumberland, NE65 0GB£300,000£295,000-£5,00001 Feb 202429 Jul 2024179 Days
2 Acton Crescent, Felton, Morpeth, Northumberland, NE65 9NF£220,000£205,000-£15,00024 Apr 202426 Jul 202493 Days
10 Gibson Street, Amble, Morpeth, Northumberland, NE65 0LR£165,000£150,000-£15,00017 Feb 202412 Jul 2024146 Days
20 Simonside View, Rothbury, Morpeth, Northumberland, NE65 7YQ£285,000£280,000-£5,00001 Mar 202410 Jul 2024131 Days
12 Beechcroft, Rothbury, Morpeth, Northumberland, NE65 7RA£135,000£135,000£0025 Jan 202408 Jul 2024165 Days
44 Jubilee Crescent, Rothbury, Morpeth, Northumberland, NE65 7QZ£130,000£130,000£0013 Dec 202303 Jul 2024203 Days
14 Ladbroke Street, Amble, Morpeth, Northumberland, NE65 0AS£215,000£200,000-£15,00002 Oct 202301 Jul 2024273 Days
20 Magdalene Fields, Warkworth, Morpeth, Northumberland, NE65 0UF£650,000£650,000£0008 Sep 202326 Jun 2024292 Days
40 George Street, Amble, Morpeth, Northumberland, NE65 0DW£175,000£175,000£0028 Mar 202421 Jun 202485 Days
7 King Edward Street, Amble, Morpeth, Northumberland, NE65 0ES£145,000£137,000-£8,00027 Sep 202312 Jun 2024259 Days
11 Riverside Park, Amble, Morpeth, Northumberland, NE65 0YR£450,000£415,000-£35,00022 Jan 202403 Jun 2024133 Days
31 Hedgehope Crescent, Hadston, Morpeth, Northumberland, NE65 9TJ£95,000£91,000-£4,00018 Jul 202330 May 2024317 Days
42 Castle View, Amble, Morpeth, Northumberland, NE65 0PG£325,000£111,000-£214,00008 Feb 202428 May 2024110 Days

Most Expensive Streets in NE65 (Morpeth)

PostcodeStreetAreaAverageNo. of Sales
NE65 0JSLow HauxleyMorpeth£800,0003
NE65 8XQLinden Acres, LonghorsleyMorpeth£764,0005
NE65 0UNCastle Street, WarkworthMorpeth£578,6663
NE65 0TXWatershaugh Road, WarkworthMorpeth£560,7147
NE65 9FLCheviot Meadows, AcklingtonMorpeth£557,36819
NE65 9DFCavil Head Farm, AcklingtonMorpeth£545,0004
NE65 8BPSt Laurence Court, LongframlingtonMorpeth£543,3333
NE65 0FBCoble Quay, AmbleMorpeth£524,4378
NE65 0WRThe Steadings, WarkworthMorpeth£523,7504
NE65 9FPAlexander Grove, SwarlandMorpeth£510,63611

Least Expensive Streets in NE65 (Morpeth)

PostcodeStreetAreaAverageNo. of Sales
NE65 9YBSimonside Crescent, HadstonMorpeth£70,8333
NE65 9TYSchool Row, North BroomhillMorpeth£76,5004
NE65 9TPTogston Crescent, North BroomhillMorpeth£79,1666
NE65 9UEStone Row, North BroomhillMorpeth£81,8754
NE65 0PAHigh Street, AmbleMorpeth£94,3754
NE65 0DYChurch Street, AmbleMorpeth£100,6254
NE65 8DSSea View, LongframlingtonMorpeth£104,1943
NE65 0NUScott Street, AmbleMorpeth£105,8889
NE65 0NRWestfield, AmbleMorpeth£107,1588
NE65 9YDHartside Crescent, HadstonMorpeth£108,3333

Explore NE65 (Morpeth) using map

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