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Public records show 16, Olympia Gardens, Morpeth to be a period freehold house with 1,539 ft2 of internal area, sitting on a 137 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Olympia Gardens, Morpeth has an estimated sale value of £325,252 and an estimated rental value of £1,669 per month, assuming reasonable condition and based on the information available.
Olympia Gardens, Morpeth, NE61 lies within the NE61 postal district.
16, Olympia Gardens, Morpeth has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated November 2020.
We combine this information with that 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.
In very good condition, we estimate 16, Olympia Gardens, Morpeth would be worth £341,514, with a potential rental value of £1,753 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £302,484, with a rental value of £1,553 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Olympia Gardens, Morpeth has climbed by £3,567 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (2.4%). The property's estimated gross yield is currently 6.2%.
16, Olympia Gardens, Morpeth occupies a 137 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 14th largest.
16, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
16, Olympia Gardens, Morpeth last changed hands on 26th October 2023, selling for £316,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 5.0% since October 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 16, Olympia Gardens, Morpeth across the last 2 years.
Most recently, 18, Olympia Gardens, Morpeth, NE61 1JQ, a freehold house, sold at £300,000 on the 23rd January 2026.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Olympia Gardens, Morpeth as the 10th largest and the 9th most expensive of the 49 addresses on Olympia Gardens, Morpeth, NE61.
Against the NE61 postcode district average, it is £44k more expensive than the typical property.
Morpeth station is the nearest stop to 16, Olympia Gardens, Morpeth at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Olympia Gardens, Morpeth, 48.4% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Olympia Gardens, Morpeth, 15.6% of residents are recorded as possessing school level qualifications and 54.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Olympia Gardens, Morpeth, the average age was 45.1 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Olympia Gardens, Morpeth, 1.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Olympia Gardens, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.