24 Merley Gate

    24, MERLEY GATE, MORPETH, MORPETH, NE61 2EP

    This detached freehold property on Merley Gate last sold in April 2001 for £117,500. Based on price growth in the NE61 district since then, its estimated current value is £321,472 — placing it in the 54th percentile nationally and the 65th percentile within NE61. The property covers 73 m² (786 sq ft), giving an estimated value of £4,404 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £117,500

    Apr 2001

    Estimated Valuation

    £321,472

    Est. £/m²

    £4,404/m²

    £409/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area73 m² (786 sq ft)
    EPC dateJan 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2001

    £117,500

    Key Metrics

    Estimated valuation£321,472
    Value per m² / sq ft£4,404/m² (£409/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile65th percentile
    National percentile54th 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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