Merchant Way house price trends

The scatter plot below reveals the house price trend for Merchant Way. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE61 2Z . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

View data in table form

There are about 14 homes on Merchant Way, we would have expected roughly 2 sales each year given that in the UK people sell their homes on average once every 7 years. The average price per square metre (per square foot) in Merchant Way, Morpeth is £3,531 sqm (£328 per sq ft), this is calculated from sold property prices of the 15 most recent sales.
The majority of homes in Morpeth are now selling for between £2,280 and £3,220 per square metre (£211 and £299 per square foot) , find out more in this local analysis of NE61 2 (Morpeth) house prices.
The average size of all the properties on Merchant Way is 106 m2 (1,140 sqft).