Merley Gate, Morpeth, NE61 is a residential street which is the 725th longest street in the NE61 area.
It contains 73 houses and the most common type of property is a modern house built after 1980.
The average house value is £269,648. Sales values have decreased in the last 12 months by 0.8% and Rental values have increased by 5.9%.
Property sale values range from £186,912 for a freehold house, with 2 bedrooms split across 484 square feet of gross internal area and has a garden to £418,741 for a freehold house, with 5 bedrooms split across 1,970 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Merley Gate, Morpeth, NE61 is £304/ft2.
Properties achieve a rental yield of between 3.9% and 5.6%, and rental values range from £864 to £1,483 per month.
The last sale was 08 Mar 2024 for £308,000 and since then the market in the area as increased by 1.1%. The street has had a total of 4 sales since 1995.
Merley Gate, Morpeth, NE61 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Merley Gate, Morpeth, NE61 is the 725th largest and the 415th most expensive street in the NE61 area.
There is 1 postcode on Merley Gate, Morpeth, NE61.
Merley Gate, Morpeth, NE61 is a residential street located in NE61 containing 73 houses .
The most common property type on Merley Gate, Morpeth, NE61 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to Merley Gate, Morpeth, NE61 is Morpeth station which is 800 m away.