Our Data Sources
4, Merchant Way, Morpeth has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated April 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
In very good condition, we estimate 4, Merchant Way, Morpeth would be worth £458,411, with a potential rental value of £1,814 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £406,022, with a rental value of £1,607 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
4, Merchant Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 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
4, Merchant Way, Morpeth last changed hands on 19th May 2023, selling for £422,995. 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 dropped by 13.6% since May 2023.
- Sold May 2023£422,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 106 sales of comparable properties within 960 metres of 4, Merchant Way, Morpeth since 2022.
Most recently, 5, Fullers View, Morpeth, NE61 2FT, a freehold house, sold at £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£415,000 | 4 Bed House7, Fullers View, Morpeth, NE61 2FT7, Fullers View, Morpeth, NE61 2FT
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 £341,071, ranging from £216,294 to £436,582.
- 6 Merchant Way
4 Bed House | 9 m | Est. Value: £436,582
- 2 Merchant Way
4 Bed House | 15 m | Est. Value: £423,602
- 67 Sleekburn
3 Bed House | 23 m | Est. Value: £297,240
- 8 Merchant Way
4 Bed House | 23 m | Est. Value: £423,602
- 1 Merchant Way
4 Bed House | 25 m | Est. Value: £423,602
Location Comparison
Our analysis of the public data ranks 4, Merchant Way, Morpeth as the largest and the most expensive of the 14 addresses on Merchant Way, Morpeth, NE61.
Against the NE61 postcode district average, it is £153k 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.
