18 Merley Gate

    18, MERLEY GATE, MORPETH, NE61 2EP

    This terraced freehold property on Merley Gate last sold in December 2012 for £127,500. Based on price growth in the NE61 district since then, its estimated current value is £186,905 — placing it in the 21st percentile nationally and the 30th percentile within NE61. The property covers 61 m² (657 sq ft), giving an estimated value of £3,064 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £127,500

    Dec 2012

    Estimated Valuation

    £186,905

    Est. £/m²

    £3,064/m²

    £285/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area61 m² (657 sq ft)
    EPC dateDec 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2012

    £127,500

    28 May 2010

    £136,000

    9 Nov 2007

    £147,500

    2 Apr 2003

    £105,000

    12 Apr 1996

    £50,000

    Key Metrics

    Estimated valuation£186,905
    Value per m² / sq ft£3,064/m² (£285/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile30th percentile
    National percentile21st 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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