14 Merley Gate

    14, MERLEY GATE, MORPETH, NE61 2EP

    This terraced freehold property on Merley Gate last sold in January 2023 for £165,000. Based on price growth in the NE61 district since then, its estimated current value is £182,662 — placing it in the 20th percentile nationally and the 28th percentile within NE61. The property covers 60 m² (646 sq ft), giving an estimated value of £3,044 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £165,000

    Jan 2023

    Estimated Valuation

    £182,662

    Est. £/m²

    £3,044/m²

    £283/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2023

    £165,000

    7 Dec 2020

    £148,000

    3 Nov 2010

    £155,000

    21 Oct 2004

    £148,500

    15 Aug 2003

    £111,000

    Key Metrics

    Estimated valuation£182,662
    Value per m² / sq ft£3,044/m² (£283/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile28th percentile
    National percentile20th percentile

    District Context — NE61

    NE61 covers the area around Morpeth and nearby settlements in central Northumberland, located between Newcastle and the Scottish border. It is a rural and semi-rural district with strong community character and good access to both countryside and urban amenities.

    Average Property Price - NE61

    £293,975

    41

    National percentile

    Average Net Household Income - NE61

    £39,988

    58

    National percentile

    10-Year Annualised Price Growth - NE61

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE61

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