9, MERLEY GATE, MORPETH, NE61 2EP - £138,000

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.

9 MERLEY GATE is a very small extended terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £178,290. It was last sold for £138,000 in December 2020, which was around 6% above the average December 2020 terraced price in the Northumberland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

9 MERLEY GATE Sold Prices

Land registry data shows one sale for 9 MERLEY GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2020 14 DEC	£138,000	£130,686	6% above HPI

What might 9 MERLEY GATE be worth now?

9 MERLEY GATE might now be worth an estimated £178,290.

This is based on house price inflation of 29.2%, between December 2020 and May 2026, for terraced 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 29.2% inflationary increase is applied to the most recent sale price for 9 MERLEY GATE of £138,000 on 14th December 2020. For the value to have increased from £138,000 to £178,290 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 9 MERLEY GATE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The December 2020 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MERLEY GATE has not materially changed since December 2020.

How Large is 9 MERLEY GATE?

9 MERLEY GATE is 59m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses by size in Morpeth, and where 9 MERLEY GATE lies on this distribution: 12% of terraced houses are smaller than 9 MERLEY GATE, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in Morpeth.

9 MERLEY GATE: Plot

9 MERLEY GATE sits on a plot of roughly 0.021 of an acre, or 83m².

Where is 9 MERLEY GATE?

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