1 Merle Gardens

    1, MERLE GARDENS, LANCASTER PARK, MORPETH, NE61 3RW

    This detached freehold property on Merle Gardens last sold in May 2010 for £249,950. Based on price growth in the NE61 district since then, its estimated current value is £387,320 — placing it in the 65th percentile nationally and the 76th percentile within NE61. The property covers 85 m² (915 sq ft), giving an estimated value of £4,557 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £249,950

    May 2010

    Estimated Valuation

    £387,320

    Est. £/m²

    £4,557/m²

    £423/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2010

    £249,950

    24 Oct 2003

    £207,500

    Key Metrics

    Estimated valuation£387,320
    Value per m² / sq ft£4,557/m² (£423/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile76th percentile
    National percentile65th 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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