27, Olympia Gardens
27, Olympia Gardens
Description & Estimates
According to the public record, 27, Olympia Gardens, Morpeth is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Olympia Gardens, Morpeth is £153,718 and the estimated rental value is £973 per month.
Olympia Gardens, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
27, Olympia Gardens, Morpeth has 51 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated October 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 27, Olympia Gardens, Morpeth is in very good condition we estimate a sale value of £161,404 and a rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,957 and a rental value of £905 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 27, Olympia Gardens, Morpeth has risen by £2,751 (1.8%), while its estimated rental value has moved up by £31 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
27, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 27, Olympia Gardens, Morpeth was last sold on 19th February 2024 for £155,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2024, the market for similar properties has dropped by 25.6%.
- Sold Feb 2024£155,000
- Sold May 2021£115,000
- Sold Feb 2018£140,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Olympia Gardens, Morpeth within a radius of 680 metres over the last 2 years.
The most recent example is 57, Olympia Gardens, Morpeth, NE61 1JQ, a leasehold flat which sold for £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.
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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, 27, Olympia Gardens, Morpeth is the 31st largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in NE61.
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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
The closest station to 27, 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.
