16, Olympia Gardens
16, Olympia Gardens
Description & Estimates
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Plot Size
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.
Energy Efficiency
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.
Sold Prices
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.
- Sold Oct 2023£316,000
- Sold Mar 2021£215,000
Similar Properties Sold Nearby
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.
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Location Comparison
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.
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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
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 16, 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.
