4 Merle Gardens

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

    This detached freehold property on Merle Gardens last sold in July 2023 for £330,000. Based on price growth in the NE61 district since then, its estimated current value is £351,174 — placing it in the 59th percentile nationally and the 71st percentile within NE61. The property covers 108 m² (1,163 sq ft), giving an estimated value of £3,252 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    108 m²

    (1,163 sq ft)

    Last Sale Price

    £330,000

    Jul 2023

    Estimated Valuation

    £351,174

    Est. £/m²

    £3,252/m²

    £302/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area108 m² (1,163 sq ft)
    EPC dateOct 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2023

    £330,000

    Key Metrics

    Estimated valuation£351,174
    Value per m² / sq ft£3,252/m² (£302/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

    More properties in NE61

    Explore nearby