House prices on Merchant Way
Median value — November 2026
£413,000
Modelled from 14 properties Stede tracks in Merchant Way
Market snapshot
£413,000
Median value
£405,714
Average value
3
Sales in the last 12 months
+4%
Change over the past year
Value over time
- Modelled value
- Projected
Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.
View as a table
| Year | Modelled value |
|---|---|
| 2000 | £72,195 |
| 2001 | £82,453 |
| 2002 | £104,624 |
| 2003 | £138,457 |
| 2004 | £168,565 |
| 2005 | £182,009 |
| 2006 | £194,055 |
| 2007 | £205,051 |
| 2008 | £185,753 |
| 2009 | £187,909 |
| 2010 | £183,862 |
| 2011 | £173,434 |
| 2012 | £176,671 |
| 2013 | £174,439 |
| 2014 | £179,160 |
| 2015 | £185,727 |
| 2016 | £188,547 |
| 2017 | £192,792 |
| 2018 | £192,201 |
| 2019 | £191,455 |
| 2020 | £213,811 |
| 2021 | £214,314 |
| 2022 | £247,793 |
| 2023 | £242,615 |
| 2024 | £251,181 |
| 2025 | £266,407 |
| 2026 | £276,000 |
There aren't enough recorded sales on Merchant Way alone to model a trend for it, so this line shows Morpeth instead.
Property types
- Detached house93%£411,000
- Mid-terrace house7%£427,000
Recent sales
- 9 Merchant Way, Morpeth, Northumberland, NE61 2ZG£315,000 · 2026£316,000
- 1 Merchant Way, Morpeth, Northumberland, NE61 2ZG£405,000 · 2026£415,000
- 3 Merchant Way, Morpeth, Northumberland, NE61 2ZG£405,000 · 2026£421,000
- 13 Merchant Way, Morpeth, Northumberland, NE61 2ZG£310,000 · 2025£320,000
- 2 Merchant Way, Morpeth, Northumberland, NE61 2ZG£382,995 · 2023£411,000
- 12 Merchant Way, Morpeth, Northumberland, NE61 2ZG£427,995 · 2023£465,000
- 10 Merchant Way, Morpeth, Northumberland, NE61 2ZG£418,095 · 2023£427,000
- 6 Merchant Way, Morpeth, Northumberland, NE61 2ZG£419,995 · 2023£463,000
Addresses in Merchant Way
- 1 Merchant Way, Morpeth, Northumberland, NE61 2ZG£405,000 · 2026£415,000
- 10 Merchant Way, Morpeth, Northumberland, NE61 2ZG£418,095 · 2023£427,000
- 11 Merchant Way, Morpeth, Northumberland, NE61 2ZG£319,995 · 2023£336,000
- 12 Merchant Way, Morpeth, Northumberland, NE61 2ZG£427,995 · 2023£465,000
- 13 Merchant Way, Morpeth, Northumberland, NE61 2ZG£310,000 · 2025£320,000
- 15 Merchant Way, Morpeth, Northumberland, NE61 2ZG£334,995 · 2022£361,000
- 2 Merchant Way, Morpeth, Northumberland, NE61 2ZG£382,995 · 2023£411,000
- 3 Merchant Way, Morpeth, Northumberland, NE61 2ZG£405,000 · 2026£421,000
- 4 Merchant Way, Morpeth, Northumberland, NE61 2ZG£422,995 · 2023£465,000
- 5 Merchant Way, Morpeth, Northumberland, NE61 2ZG£365,995 · 2023£406,000
- 6 Merchant Way, Morpeth, Northumberland, NE61 2ZG£419,995 · 2023£463,000
- 7 Merchant Way, Morpeth, Northumberland, NE61 2ZG£429,995 · 2023£469,000
- 8 Merchant Way, Morpeth, Northumberland, NE61 2ZG£365,245 · 2023£405,000
- 9 Merchant Way, Morpeth, Northumberland, NE61 2ZG£315,000 · 2026£316,000
About this area
Merchant Way, in Morpeth, is a street. Stede can model 14 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.
As of November 2026, Merchant Way has a median estimated value of £413,000 and an average of £405,714.
Modelled values in Merchant Way are +4% over the past year and +24% over five years.
The market here is mostly detached houses, which make up 93% of the properties Stede tracks in Merchant Way.
3 sales were recorded in Merchant Way over the past 12 months.
Common questions
What is the average house price in Merchant Way?
As of November 2026, the average estimated value is £405,714 and the median is £413,000 across 14 properties Stede tracks in Merchant Way. This is not a formal market valuation.
Are house prices in Merchant Way going up or down?
Modelled values in Merchant Way are +4% over the past year and +24% over five years, based on the UK House Price Index.
What types of property are in Merchant Way?
93% of the properties Stede tracks in Merchant Way are detached houses. mid-terrace houses are next most common, at 7%.
How many properties are in Merchant Way?
Stede can model 14 properties in Merchant Way, with 3 recorded sales in the past 12 months.
How does Stede calculate house prices for Merchant Way?
These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.
How we calculate this
These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.
Read the full methodology and data sources →