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Merchant WayHouse Prices / North East, Northumberland
Last updated Jun 2026
Key Street Insights
Merchant Way is a residential street with 14 addresses.
It ranks as the 364th largest and 628th most expensive of the 770 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
14
Properties
- Houses
Key Street Insights
Merchant Way is a residential street with 14 addresses.
It ranks as the 364th largest and 628th most expensive of the 770 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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House Priceson Merchant Way
Sale prices range from £345,722 for 3 bedroom freehold houses with a garden (861 ft2) to £431,952 for 4 bedroom freehold houses with a garden (1,302 ft2) .
Monthly rental prices range from £1,590 pcm for 3 bed houses to £1,735 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 5.5%.
The average value per square foot is £342.
Average Sale Value
£405,320
Average Rental Value
£1,692 pcm
Average Rental Yield
5.0% /year
Average Value Per Sqft
£342 /ft2
Sales Market Trendson Merchant Way
The last sale on Merchant Way sold for £310,000 on 5th September 2025. Since then prices are down an average of 0.9%.
The current average value in the street is £405,320.
The Merchant Way Sales Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £405,320 |
| May 2025 | 3.1% | £399,198 |
| May 2024 | 5% | £387,195 |
| May 2023 | 4.1% | £368,820 |
| May 2022 | 9.4% | £354,160 |
| May 2021 | 2.5% | £323,858 |
| May 2020 | 4.3% | £315,948 |
| May 2019 | 0.5% | £302,827 |
| May 2018 | 1.9% | £301,207 |
| May 2017 | 1.3% | £295,549 |
| May 2016 | 3.3% | £291,831 |
| May 2015 | 2.5% | £282,476 |
| May 2014 | 3.5% | £275,594 |
| May 2013 | -3% | £266,200 |
| May 2012 | 0% | £274,349 |
| May 2011 | -3.7% | £274,363 |
| May 2010 | 7.6% | £284,942 |
| May 2009 | -9.4% | £264,736 |
| May 2008 | 4% | £292,087 |
| May 2007 | 0% | £280,838 |
Rental Market Trendson Merchant Way
The current average rental value in the street is £1,692.
The Merchant Way Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £1,692pcm |
| May 2025 | 5.6% | £1,642pcm |
| May 2024 | 9.1% | £1,555pcm |
| May 2023 | 8.7% | £1,426pcm |
| May 2022 | 8.8% | £1,312pcm |
| May 2021 | 7.5% | £1,206pcm |
| May 2020 | -0.6% | £1,122pcm |
| May 2019 | 0.6% | £1,129pcm |
| May 2018 | 1.5% | £1,122pcm |
| May 2017 | 0.9% | £1,105pcm |
| May 2016 | 2.5% | £1,095pcm |
| May 2015 | 0.7% | £1,068pcm |
| May 2014 | 2.5% | £1,061pcm |
| May 2013 | -0.1% | £1,034pcm |
| May 2012 | -0.1% | £1,035pcm |
| May 2011 | 0.5% | £1,036pcm |
| May 2010 | 4.2% | £1,031pcm |
| May 2009 | -5.6% | £989pcm |
| May 2008 | 5.1% | £1,047pcm |
| May 2007 | 0% | £997pcm |
Explore Propertieson Merchant Way, Morpeth, NE61
- 1, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 2, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 3, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 4, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 5, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 6, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 7, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 8, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 9, Merchant Way, Morpeth, NE61 2ZG3 bed modern house
- 10, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 11, Merchant Way, Morpeth, NE61 2ZG3 bed modern house
- 12, Merchant Way, Morpeth, NE61 2ZG4 bed modern house
- 13, Merchant Way, Morpeth, NE61 2ZG3 bed modern house
- 15, Merchant Way, Morpeth, NE61 2ZG3 bed modern house
Sales Historyon Merchant Way, Morpeth, NE61
The last sale was on 5th September 2025 for £310,000 and since then the market in the area has decreased by 0.9%. The street has had a total of 15 sales since 1995.
Merchant Way, Morpeth, NE61 has seen 13 sales in the last three years and 1 sale in the last twelve months.
Sold Sep 2025£310,000 | 3 Bed HouseMerchant Way13, Merchant Way, Morpeth, NE61 2ZG
Sold Dec 2023£365,746 | 4 Bed HouseMerchant Way1, Merchant Way, Morpeth, NE61 2ZG
Sold Oct 2023£409,995 | 4 Bed HouseMerchant Way3, Merchant Way, Morpeth, NE61 2ZG
Sold Aug 2023£382,995 | 4 Bed HouseMerchant Way2, Merchant Way, Morpeth, NE61 2ZG
Sold Jun 2023£427,995 | 4 Bed HouseMerchant Way12, Merchant Way, Morpeth, NE61 2ZG
Sold Jun 2023£418,095 | 4 Bed HouseMerchant Way10, Merchant Way, Morpeth, NE61 2ZG
Sold Jun 2023£314,995 | 3 Bed HouseMerchant Way9, Merchant Way, Morpeth, NE61 2ZG
Sold May 2023£419,995 | 4 Bed HouseMerchant Way6, Merchant Way, Morpeth, NE61 2ZG
Sold May 2023£422,995 | 4 Bed HouseMerchant Way4, Merchant Way, Morpeth, NE61 2ZG
Sold Apr 2023£365,995 | 4 Bed HouseMerchant Way5, Merchant Way, Morpeth, NE61 2ZG
Sold Apr 2023£365,245 | 4 Bed HouseMerchant Way8, Merchant Way, Morpeth, NE61 2ZG
Sold Mar 2023£429,995 | 4 Bed HouseMerchant Way7, Merchant Way, Morpeth, NE61 2ZG
Sold Feb 2023£319,995 | 3 Bed HouseMerchant Way11, Merchant Way, Morpeth, NE61 2ZG
Sold Dec 2022£314,995 | 3 Bed HouseMerchant Way13, Merchant Way, Morpeth, NE61 2ZG
Sold Dec 2022£334,995 | 3 Bed HouseMerchant Way15, Merchant Way, Morpeth, NE61 2ZG
Top 3 Most Expensive Saleson Merchant Way, Morpeth, NE61
Nearby Streetsto Merchant Way, Morpeth, NE61
Merchant Way, Morpeth, NE61 is the 364th largest and the 628th most expensive street in the NE61 area.
- 68 mSleekburn, Morpeth, NE6169 Addresses
- 93 mPotters Way, Morpeth, NE6113 Addresses
- 131 mSmiths Close, Morpeth, NE6114 Addresses
- 140 mBaker Way, Morpeth, NE617 Addresses
- 145 mTailor Way, Morpeth, NE6124 Addresses
- 167 mHepscott Burn, Morpeth, NE618 Addresses
Postcodeson Merchant Way, Morpeth, NE61
There is 1 postcode on Merchant Way, Morpeth, NE61.
- House prices in NE61 2ZG14 Addresses
Property Typesin Merchant Way
- 14 modern houses built after 1980
- modern house (14)
Energy Efficiencyof properties on Merchant Way
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (14)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto Merchant Way, Morpeth, NE61
The nearest primary school to Merchant Way, Morpeth, NE61 is Morpeth Stobhillgate First School which is 400 metres away.
- 400mMorpeth Stobhillgate First School
- 1.2kmMorpeth First School
- 2.0kmSt Roberts Catholic First School, Morpeth
The nearest secondary school is The King Edward VI School which is 2.5 kilometres away.
- 2.5kmThe King Edward VI School
- 4.9kmSt Benet Biscop Catholic Academy
- 6.0kmAshington Academy
More reading links
Public Transport Nearbyto Merchant Way, Morpeth, NE61
The closest station to Merchant Way, Morpeth, NE61 is Morpeth station which is 1.1 kilometres away.
- 1.1kmMorpeth
- 2.7kmPegswood
- 6.5kmBedlington
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