49, MERLEY GATE, MORPETH, NE61 2EP - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

49 MERLEY GATE is a midsized semi-detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £407,328. It was last sold for £140,000 in August 2002, which was around 102% above the average August 2002 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

49 MERLEY GATE Sold Prices

Land registry data shows one sale for 49 MERLEY GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 9 AUG	£140,000	£69,404	102% above HPI

What might 49 MERLEY GATE be worth now?

49 MERLEY GATE might now be worth an estimated £407,328.

This is based on house price inflation of 190.9%, between August 2002 and May 2026, for semi-detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 190.9% inflationary increase is applied to the most recent sale price for 49 MERLEY GATE of £140,000 on 9th August 2002. For the value to have increased from £140,000 to £407,328 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 49 MERLEY GATE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The August 2002 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 49 MERLEY GATE has not materially changed since August 2002.

How Large is 49 MERLEY GATE?

49 MERLEY GATE is 93m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of semi-detached houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Morpeth, and where 49 MERLEY GATE lies on this distribution: 59% of semi-detached houses are smaller than 49 MERLEY GATE, and 39% of semi-detached houses are larger. Note that EPC data is not available for all properties in Morpeth.

49 MERLEY GATE: Plot

49 MERLEY GATE sits on a plot of roughly 0.084 of an acre, or 341m².

Where is 49 MERLEY GATE?

49 MERLEY GATE is located in MORPETH, in the NE61 postcode district.