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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 21, Olympia Gardens, Morpeth to be a period leasehold apartment with 764 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
21, Olympia Gardens, Morpeth has an estimated sale value of £145,790 and an estimated rental value of £966 per month, assuming reasonable condition and based on the information available.
Olympia Gardens, Morpeth, NE61 lies within the NE61 postal district.
21, Olympia Gardens, Morpeth has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated June 2012.
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 21, Olympia Gardens, Morpeth would be worth £153,080, with a potential rental value of £1,014 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,585, with a rental value of £898 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 21, Olympia Gardens, Morpeth has increased by £2,609 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (3.2%). The property's estimated gross yield is currently 7.9%.
21, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 20 Jun 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
21, Olympia Gardens, Morpeth last changed hands on 21st September 2012, selling for £93,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 8.7% since September 2012.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 21, Olympia Gardens, Morpeth across the last 2 years.
Most recently, 57, Olympia Gardens, Morpeth, NE61 1JQ, a leasehold flat, sold at £130,000 on the 9th May 2025.
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 21, Olympia Gardens, Morpeth as the 41st largest and the 41st most expensive of the 49 addresses on Olympia Gardens, Morpeth, NE61.
Against the NE61 postcode district average, it is £135k less expensive than the typical property.
Morpeth station is the nearest stop to 21, 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 21, 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 21, 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 21, 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 21, 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 21, 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.
