55 Merley Gate

    55, MERLEY GATE, MORPETH, NE61 2EP

    This detached freehold property on Merley Gate last sold in November 2016 for £282,500. Based on price growth in the NE61 district since then, its estimated current value is £350,962 — placing it in the 59th percentile nationally and the 71st percentile within NE61. The property covers 126 m² (1,356 sq ft), giving an estimated value of £2,785 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    126 m²

    (1,356 sq ft)

    Last Sale Price

    £282,500

    Nov 2016

    Estimated Valuation

    £350,962

    Est. £/m²

    £2,785/m²

    £259/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area126 m² (1,356 sq ft)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Nov 2016

    £282,500

    Key Metrics

    Estimated valuation£350,962
    Value per m² / sq ft£2,785/m² (£259/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile71st percentile
    National percentile59th 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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