45 Merley Gate

    45, MERLEY GATE, MORPETH, NE61 2EP

    This terraced freehold property on Merley Gate last sold in August 2017 for £123,000. Based on price growth in the NE61 district since then, its estimated current value is £164,810 — placing it in the 16th percentile nationally and the 23rd percentile within NE61. The property covers 47 m² (506 sq ft), giving an estimated value of £3,507 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    47 m²

    (506 sq ft)

    Last Sale Price

    £123,000

    Aug 2017

    Estimated Valuation

    £164,810

    Est. £/m²

    £3,507/m²

    £326/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area47 m² (506 sq ft)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Aug 2017

    £123,000

    Key Metrics

    Estimated valuation£164,810
    Value per m² / sq ft£3,507/m² (£326/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile23rd percentile
    National percentile16th 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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