Merley Gate house price trends

The scatter plot below reveals the house price trend for Merley Gate. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE61 2E . 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 approximately 56 homes on Merley Gate, we would have expected about 8 sales each year given that in the UK people sell their homes on average once every 7 years.
In the last 4 years there have been 5 property sales in Merley Gate with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Merley Gate, Morpeth is £3,244 sqm (£301 per sq ft), this is from the Land Registry sold price of the 5 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 Merley Gate is 81 m2 (871 sqft).