1, Olympia Gardens
1, Olympia Gardens
Description & Estimates
The public record describes 1, Olympia Gardens, Morpeth as a modern house with 957 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Olympia Gardens, Morpeth has an estimated sale value of £254,223 and an estimated rental value of £1,452 per month, assuming reasonable condition and based on the information available.
Olympia Gardens, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
1, Olympia Gardens, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data 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 1, Olympia Gardens, Morpeth would be worth £266,934, with a potential rental value of £1,524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £236,428, with a rental value of £1,350 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Olympia Gardens, Morpeth has grown by £9,000 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £73 (5.0%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
1, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 1, Olympia Gardens, Morpeth across the last 2 years.
Most recently, 22, Northbourne Avenue, Morpeth, NE61 1JG, a freehold house, sold at £201,050 on the 4th October 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Olympia Gardens, Morpeth as the 21st largest and the 20th most expensive of the 49 addresses on Olympia Gardens, Morpeth, NE61.
Against the NE61 postcode district average, it is £27k less expensive than the typical property.
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Schools Nearby
- 500mSt Roberts Catholic First School, Morpeth
- 1.1kmAbbeyfields First School
- 1.3kmMorpeth All Saints Church of England First School
- 500mThe King Edward VI School
- 6.8kmSt Benet Biscop Catholic Academy
- 6.9kmAshington Academy
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Public Transport Nearby
Morpeth station is the nearest stop to 1, Olympia Gardens, Morpeth at 1.0 kilometres away.
- 1.0kmMorpeth
- 2.8kmPegswood
- 7.4kmAshington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
