3 Merley Gate

    3, MERLEY GATE, MORPETH, NE61 2EP

    This detached freehold property on Merley Gate last sold in August 2014 for £246,000. Based on price growth in the NE61 district since then, its estimated current value is £336,898 — placing it in the 57th percentile nationally and the 68th percentile within NE61. The property covers 91 m² (980 sq ft), giving an estimated value of £3,702 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £246,000

    Aug 2014

    Estimated Valuation

    £336,898

    Est. £/m²

    £3,702/m²

    £344/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area91 m² (980 sq ft)
    EPC dateApr 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2014

    £246,000

    11 Feb 2000

    £97,500

    Key Metrics

    Estimated valuation£336,898
    Value per m² / sq ft£3,702/m² (£344/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile68th percentile
    National percentile57th 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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