Local market reports › NE area › NE61 › NE61 1

Tranwell market report NE61 1, Morpeth

The standing NE61 1 (Tranwell) property market report, rebuilt from the full public record every month. The raw material for this page is 3,201 HM Land Registry entries for NE61 1 (Morpeth), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.

Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

In short: the middle 2026 sale in NE61 1 (Morpeth) came in at £187,500, out of 42 registered, up 10% on five years earlier, and the mean stands at £238,000, and by floor area homes here have averaged about £2,600 per square metre over the last five years. The record behind it is 3,201 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.

A postcode sector like NE61 1 is a single group of streets within NE61 (Morpeth), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.

What NE61 1 homes really sell for

The NE61 1 median stands at £187,500 for 2026, built from 42 registered sales; the mean, the figure usually quoted as the "average house price", is £238,000, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

What a square metre costs in NE61 1

The last five years of sales put NE61 1 at roughly £2,600 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.

Set against the £285,000 England and Wales median, NE61 1 sits 34% below the national market.

In cash terms the typical NE61 1 home went from £45,000 in 1995 to £187,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 92%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 37% below it, so a peak-time purchase has yet to recover its real value.

The strongest year on record here is 2003 (+48.0% on the year before); the weakest, 2026 (−25.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Growth per year, over one to twenty years

The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.

Sales activity in NE61 1

NE61 1 recorded 42 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 131 sales a year before the financial crisis and 90 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

The rental side of NE61 1

For renting purposes NE61 1 sits in Northumberland. The ONS average private rent there is £679 a month (May 2026). The spread runs from £483 a month for a typical one-bed to £1,107 at four-plus bedrooms, which is size doing most of the pricing.

£679 a month is £8,148 a year, which against the £187,500 median sold price makes a gross yield of 4.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.

What kind of market NE61 1 is

Only 42 sales completed here in the last twelve months of data, which makes NE61 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within NE61, this sector trades 22% below the district median: one of its district's cheaper corners.

What people ask about NE61 1 (Tranwell)

Are NE61 1 prices heading up or down?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 10% over five years in cash but down 13% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

What is for sale in NE61 right now

The price of an extra bedroom in NE

The risers and the fallers

The spread across the NE area is the point: the same five years treated these districts very differently.

Other sectors in NE61

Sector boundaries hide real price steps. The rest of NE61, one report each:

Zoom out to the full NE61 district report for the type split, monthly volumes and how NE61 compares with its neighbours.

Thinking of selling in NE61 1? Get a rough value first

Dig further

The AI answers from the same Land Registry data this report is built on, already scoped to NE61 1. Free after a one click sign in.

See every individual NE61 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.