24, Olympia Gardens
24, Olympia Gardens
Description & Estimates
According to the public record, 24, Olympia Gardens, Morpeth is a period freehold house with 1,905 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Olympia Gardens, Morpeth is £367,569 and the estimated rental value is £1,887 per month.
Olympia Gardens, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
24, Olympia Gardens, Morpeth has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated March 2021.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Olympia Gardens, Morpeth is in very good condition we estimate a sale value of £385,947 and a rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,839 and a rental value of £1,755 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Olympia Gardens, Morpeth has increased by £4,031 (1.1%), while its estimated rental value has grown by £45 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Plot Size
According to data from HM Land Registry, 24, Olympia Gardens, Morpeth sits on a plot of 139 m2.
We have plot size data on 16 out of 31 other houses in the postcode and 24, Olympia Gardens, Morpeth sits on the 8th largest plot.
Energy Efficiency
24, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 24, Olympia Gardens, Morpeth was last sold on 25th June 2021 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen by 7.9%.
- Sold Jun 2021£340,000
- Sold Jun 2002£145,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Olympia Gardens, Morpeth within a radius of 700 metres over the last 2 years.
The most recent example is 11, Northbourne Avenue, Morpeth, NE61 1JG, a freehold house which sold for £282,000 on the 12th April 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
Olympia Gardens, Morpeth, NE61 has a total of 49 addresses. According to our analysis of all the public data, 24, Olympia Gardens, Morpeth is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in NE61.
More reading links
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
The closest station to 24, Olympia Gardens, Morpeth is Morpeth station, which is 1.0 kilometres away.
- 1.0kmMorpeth
- 2.8kmPegswood
- 7.4kmAshington
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
