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House Prices in NE65 House Prices in NE65 (Morpeth)

The average house price in NE65 (Morpeth) is £247,383 using HM Land Registry data.

The average property price increased by £55,245 (23.54%) over the last 5 years and increased by £11,070 (3.61%) over the last 12 months.

Over the last year, there were 258 residential property sales – a decrease of 104 transactions (-40.31%) relative to the previous year. The majority of house sales (85) were in the £120,000 - £206,000 range. Then came properties in the £206,000 - £292,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,353 (-4%).

In Dec 24, there were 41 new estate agency instructions, 30 agreed home sales and 13 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) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
26 Field House Close, Acklington, Morpeth, Northumberland, NE65 9PE£275,000£268,000-£7,00005 Aug 202425 Nov 2024112 Days
2 Coquet Vale Mews, Rothbury, Morpeth, Northumberland, NE65 7QH£129,000£115,000-£14,00031 May 202422 Nov 2024175 Days
16 Pelican Road, North Sea Manor, Morpeth, Northumberland, NE65 0FX£190,000£187,000-£3,00009 Apr 202422 Nov 2024227 Days
31 Mariners View, Amble, Morpeth, Northumberland, NE65 0JH£345,000£335,000-£10,00003 Jun 202415 Nov 2024165 Days
2 Davis Drive, Amble, Morpeth, Northumberland, NE65 0QN£177,500£170,000-£7,50020 Aug 202411 Nov 202483 Days
80 Chevington Green, Hadston, Morpeth, Northumberland, NE65 9AX£450,000£450,000£0012 Mar 202431 Oct 2024233 Days
32 Stone Row, North Broomhill, Morpeth, Northumberland, NE65 9UE£140,000£140,000£0020 Jun 202430 Oct 2024132 Days
Endeavour, Embleton Terrace, Longframlington, Morpeth, Northumberland, NE65 8JJ£650,000£620,000-£30,00026 Apr 202425 Oct 2024182 Days
9 Paddock View, Acklington, Morpeth, Northumberland, NE65 9FR£470,000£470,000£0008 Apr 202423 Oct 2024198 Days
14 Addycombe Close, Rothbury, Morpeth, Northumberland, NE65 7QF£165,000£165,000£0018 Jun 202418 Oct 2024122 Days
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

Most Expensive Streets in NE65 (Morpeth)

PostcodeStreetAreaAverageNo. of Sales
NE65 9QGSouth High Moor Farm, FeltonMorpeth£879,0003
NE65 0JSLow HauxleyMorpeth£800,0003
NE65 8XQLinden Acres, LonghorsleyMorpeth£798,7504
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 0FBCoble Quay, AmbleMorpeth£524,4378
NE65 0WRThe Steadings, WarkworthMorpeth£523,7504
NE65 9NAChesterwell, SwarlandMorpeth£512,6663

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£91,0005
NE65 0PAHigh Street, AmbleMorpeth£94,3754
NE65 0DYChurch Street, AmbleMorpeth£100,6254
NE65 0BNBelvedere Court, Turner Street, AmbleMorpeth£101,6663
NE65 8DSSea View, LongframlingtonMorpeth£104,1943
NE65 0NUScott Street, AmbleMorpeth£105,8889
NE65 0NRWestfield, AmbleMorpeth£107,1588

Explore NE65 (Morpeth) using map

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