Key indicators for buyers
The NE61 market looks favourable for buyers. Prices have softened (-31.3%), which could present a buying opportunity. Affordability has improved from a peak of 7.0x in 2021 to 5.7x today. Rising rents (£662/mo, +4.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Northumberland area
A home in Northumberland costs 5.7x the local median salary — moderate, improving from a peak of 7.0x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Northumberland area
Average monthly rent in Northumberland is £662, up 4.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Northumberland price of £219,688 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £867 per month.
Monthly cost comparison based on current data
Uses NE61 avg. price with Northumberland rental data
Monthly mortgage payments (£867) are £205 more than renting (£662). However, buying requires an upfront deposit of £55k — it would take around 15 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
68, FENNEL WAY, FAIRMOOR MEADOWS NE61 3FG | Detached | £320,000 | 23 Jan 2026 |
50, TWEED AVENUE, ELLINGTON NE61 5ES | Flat/Maisonette | £69,000 | 23 Jan 2026 |
18, OLYMPIA GARDENS NE61 1JQ | Terraced | £300,000 | 23 Jan 2026 |
TWO TREES, SCOTS GAP NE61 4EG | Detached | £275,000 | 22 Jan 2026 |
42, EDEN TERRACE, LYNEMOUTH NE61 5TX | Terraced | £32,501 | 12 Jan 2026 |
5, CALLALY CLOSE, PEGSWOOD NE61 6XL | Terraced | £126,000 | 9 Jan 2026 |
51, THE GLEBE, STANNINGTON NE61 6HW | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE61 sold for £219,688 in 2026, with a median of £287,500 across 8 transactions. Prices fell 31.3% compared to the previous year.
| £300,000 |
| 9 Jan 2026 |
9, ELLINGTON VIEW, ELLINGTON NE61 5BN | Detached | £335,000 | 6 Jan 2026 |
6, GRANGE COURT NE61 2TN | Flat/Maisonette | £95,000 | 22 Dec 2025 |
10, THE STEADS NE61 2EG | Detached | £170,250 | 19 Dec 2025 |
87, GRANGE ROAD NE61 2TS | Detached | £375,000 | 19 Dec 2025 |
6, HAWTHORN ROAD, WIDDRINGTON NE61 5PS | Semi-detached | £135,000 | 19 Dec 2025 |
7, EIGHTH AVENUE NE61 2HW | Semi-detached | £178,000 | 18 Dec 2025 |
OLD SCHOOL HOUSE, MITFORD NE61 3PT | Detached | £675,380 | 18 Dec 2025 |
49, LOANSDEAN WOOD NE61 2FB | Flat/Maisonette | £155,000 | 18 Dec 2025 |
SPRINGWELL HOUSE FLAT, WELLWAY NE61 1BJ | Flat/Maisonette | £160,000 | 18 Dec 2025 |
52, BEAUMONT COURT, PEGSWOOD NE61 6BF | Semi-detached | £240,000 | 18 Dec 2025 |
36, DALTON AVENUE, LYNEMOUTH NE61 5TH | Terraced | £47,000 | 17 Dec 2025 |
12, FERNEYBEDS ESTATE, WIDDRINGTON NE61 5RD | Semi-detached | £150,000 | 16 Dec 2025 |
CAPRI LODGE NE61 3BX | Detached | £400,000 | 15 Dec 2025 |
The most recent recorded sale in NE61 was a detached property on Fennel Way for £320,000 in January 2026. Across the last 20 sales, the median price was £178,000.