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Bricks&Logic is a trading name of Urban Markets Ltd
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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53, Olympia Gardens, Morpeth is described in the public record as a period house with 747 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 53, Olympia Gardens, Morpeth is £225,944 and its rental estimate is £1,380 per month, given the available information and assuming reasonable condition.
Olympia Gardens, Morpeth, NE61 falls within the NE61 postal district.
53, Olympia Gardens, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2011.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 53, Olympia Gardens, Morpeth, we estimate a market value of £237,241 and a rental value of £1,449 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,128 and £1,284 per month respectively.
Over the last year, 53, Olympia Gardens, Morpeth has seen its estimated sale value climb by £7,998 (3.5%) and its estimated rental value rise by £69 per month (5.0%). This results in an estimated gross rental yield of 7.3%.
53, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 53, Olympia Gardens, Morpeth have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th February 2025, was Park Cottage, Hillgate, Morpeth, NE61 1XX, a freehold house which sold for £235,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on Olympia Gardens, Morpeth, NE61, 53, Olympia Gardens, Morpeth comes out as the 42nd largest and the 28th most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the NE61 district.
From 53, Olympia Gardens, Morpeth, the nearest station is Morpeth, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, 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 53, 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 53, 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 53, 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 53, 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.
