53, MERLEY GATE, MORPETH, NE61 2EP - £265,000

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.

53 MERLEY GATE is a detached house, which could now be worth an estimated £429,857. It was last sold for £265,000 in December 2004, which was around 17% above the average December 2004 detached price in the Northumberland local authority area.

53 MERLEY GATE Sold Prices

Land registry data shows two sales for 53 MERLEY GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 53 MERLEY GATE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 10 DEC	£265,000	£226,538	17% above HPI
2001 10 DEC	£148,500	£120,077	24% above HPI

What might 53 MERLEY GATE be worth now?

53 MERLEY GATE might now be worth an estimated £429,857.

This is based on house price inflation of 62.2%, between December 2004 and May 2026, for 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 62.2% inflationary increase is applied to the most recent sale price for 53 MERLEY GATE of £265,000 on 10th December 2004. For the value to have increased from £265,000 to £429,857 over the 22 years and seven months to May 2026, the following assumptions must hold true:

• The value of 53 MERLEY GATE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2004 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 53 MERLEY GATE has not materially changed since December 2004.

Where is 53 MERLEY GATE?

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