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 in Merley Gate. It includes only one postcode, NE61 2EP . 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 roughly 56 homes on Merley Gate, we would have expected approximately 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 approximately 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 price paid of the 5 most recent sales.
The majority of homes in Morpeth are now selling for between £2,300 and £3,240 per square metre (£213 and £301 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).