43 Merley Gate

    43, MERLEY GATE, MORPETH, NE61 2EP

    This terraced freehold property on Merley Gate last sold in April 2018 for £117,500. Based on price growth in the NE61 district since then, its estimated current value is £143,531 — placing it in the 11th percentile nationally and the 17th percentile within NE61. The property covers 45 m² (484 sq ft), giving an estimated value of £3,190 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    45 m²

    (484 sq ft)

    Last Sale Price

    £117,500

    Apr 2018

    Estimated Valuation

    £143,531

    Est. £/m²

    £3,190/m²

    £296/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area45 m² (484 sq ft)
    EPC dateApr 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2018

    £117,500

    4 Feb 2000

    £43,000

    Key Metrics

    Estimated valuation£143,531
    Value per m² / sq ft£3,190/m² (£296/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile17th percentile
    National percentile11th 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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