16, De Merley Road
16, De Merley Road
Description & Estimates
16, De Merley Road, Morpeth is recorded publicly as a period freehold house across 2,927 ft2 of internal area, sitting on a 896 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, De Merley Road, Morpeth is £1,067,242 and its rental estimate is £3,549 per month, given the available information and assuming reasonable condition.
De Merley Road, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
16, De Merley Road, Morpeth has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, De Merley Road, Morpeth, we estimate a market value of £1,120,604 and a rental value of £3,726 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £992,535 and £3,300 per month respectively.
Recent Market Change
Over the last year, 16, De Merley Road, Morpeth has seen its estimated sale value increase by £2,852 (0.3%) and its estimated rental value grow by £58 per month (1.6%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 16, De Merley Road, Morpeth as measuring 896 m2.
That makes it the 2nd largest plot in the postcode, where 18 of the 21 other houses have recorded plot data.
Energy Efficiency
16, De Merley Road, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Sep 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, De Merley Road, Morpeth completed on 29th July 2016 at £566,260 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.8% over the period since July 2016.
- Sold Jul 2016£566,260
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, De Merley Road, Morpeth have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2023, was 7, De Merley Road, Morpeth, NE61 1HZ, a freehold house which sold for £985,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on De Merley Road, Morpeth, NE61, 16, De Merley Road, Morpeth comes out as the largest and the most expensive in our analysis of the public data.
It is also £786k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 500mSt Roberts Catholic First School, Morpeth
- 1.1kmAbbeyfields First School
- 1.2kmMorpeth All Saints Church of England First School
- 400mThe King Edward VI School
- 6.9kmSt Benet Biscop Catholic Academy
- 7.0kmAshington Academy
More reading links
Public Transport Nearby
From 16, De Merley Road, Morpeth, the nearest station is Morpeth, 1.1 kilometres away.
- 1.1kmMorpeth
- 2.9kmPegswood
- 7.5kmAshington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
