Our Data Sources
15, Merchant Way, Morpeth has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Merchant Way, Morpeth would be worth £408,630, with a potential rental value of £1,840 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £361,930, with a rental value of £1,630 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
15, Merchant Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2022.
The property is connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
15, Merchant Way, Morpeth last changed hands on 21st December 2022, selling for £334,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.8% since December 2022.
- Sold Dec 2022£334,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 98 sales of comparable properties within 1.0 kilometres of 15, Merchant Way, Morpeth since 2021.
Most recently, 12, Potters Way, Morpeth, NE61 2ZE, a freehold house, sold at £390,000 on the 1st April 2026.
Read more about house prices in NE61.
- Sold Apr 2026£390,000 | 4 Bed House12, Potters Way, Morpeth, NE61 2ZE12, Potters Way, Morpeth, NE61 2ZE
- Sold Jan 2026£422,000 | 4 Bed House16, Tanners Road, Morpeth, NE61 2ZH16, Tanners Road, Morpeth, NE61 2ZH
- Sold Aug 2024£379,995 | 4 Bed House19, Tailor Way, Morpeth, NE61 2ZJ19, Tailor Way, Morpeth, NE61 2ZJ
- Sold Aug 2024£378,040 | 4 Bed House7, Tanners Road, Morpeth, NE61 2ZH7, Tanners Road, Morpeth, NE61 2ZH
- Sold Dec 2023£379,995 | 4 Bed House35, Tailor Way, Morpeth, NE61 2ZJ35, Tailor Way, Morpeth, NE61 2ZJ
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £326,981, ranging from £214,848 to £435,536.
- 13 Merchant Way
3 Bed House | 8 m | Est. Value: £348,028
- 12 Potters Way
4 Bed House | 12 m | Est. Value: £397,828
- 11 Merchant Way
3 Bed House | 17 m | Est. Value: £348,028
- 10 Potters Way
4 Bed House | 22 m | Est. Value: £409,878
- 9 Merchant Way
3 Bed House | 26 m | Est. Value: £348,028
Location Comparison
Our analysis of the public data ranks 15, Merchant Way, Morpeth as the 11th largest and the 11th most expensive of the 14 addresses on Merchant Way, Morpeth, NE61.
Against the NE61 postcode district average, it is £104k more expensive than the typical property.
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Schools Nearby
- Morpeth Stobhillgate First School400 m away
- Morpeth First School1.2 km away
- St Roberts Catholic First School, Morpeth2.0 km away
- The King Edward VI School2.5 km away
- St Benet Biscop Catholic Academy4.9 km away
- Ashington Academy6.0 km away
More reading links
Public Transport Nearby
- Morpeth|1.1 km away
- Pegswood|2.7 km away
- Bedlington|6.5 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
