Our Data Sources
2, Merchant Way, Morpeth has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2023.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Merchant Way, Morpeth is in very good condition we estimate a sale value of £444,782 and a rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,950 and a rental value of £1,603 per month.
Energy Efficiency
2, Merchant Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
According to HM Land Registry, 2, Merchant Way, Morpeth was last sold on 17th August 2023 for £382,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped by 13.6%.
- Sold Aug 2023£382,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 116 sales of properties similar to 2, Merchant Way, Morpeth within a radius of 950 metres since 2022.
The most recent example is 5, Fullers View, Morpeth, NE61 2FT, a freehold house which sold for £440,000 on the 8th May 2026.
Read more about house prices in NE61.
- Sold May 2026£440,000 | 4 Bed House5, Fullers View, Morpeth, NE61 2FT5, Fullers View, Morpeth, NE61 2FT
- 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 Dec 2024£413,255 | 4 Bed House1, Bowyer Way, Morpeth, NE61 2FZ1, Bowyer Way, Morpeth, NE61 2FZ
- Sold Aug 2024£378,040 | 4 Bed House7, Tanners Road, Morpeth, NE61 2ZH7, Tanners Road, Morpeth, NE61 2ZH
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 £308,170, ranging from £216,294 to £436,582.
- 4 Merchant Way
4 Bed House | 15 m | Est. Value: £436,582
- 64 Sleekburn
3 Bed House | 20 m | Est. Value: £274,396
- 67 Sleekburn
3 Bed House | 21 m | Est. Value: £297,240
- 6 Merchant Way
4 Bed House | 24 m | Est. Value: £436,582
- 62 Sleekburn
3 Bed House | 25 m | Est. Value: £232,767
Location Comparison
Merchant Way, Morpeth, NE61 has a total of 14 addresses. According to our analysis of all the public data, 2, Merchant Way, Morpeth is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in NE61.
More reading links
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
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
