59, Olympia Gardens
59, Olympia Gardens
Description & Estimates
Public records show 59, Olympia Gardens, Morpeth to be a period leasehold house with 911 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
59, Olympia Gardens, Morpeth has an estimated sale value of £247,827 and an estimated rental value of £1,437 per month, assuming reasonable condition and based on the information available.
Olympia Gardens, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
59, Olympia Gardens, Morpeth has 21 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated March 2014.
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 59, Olympia Gardens, Morpeth would be worth £260,219, with a potential rental value of £1,509 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,479, with a rental value of £1,336 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 59, Olympia Gardens, Morpeth has increased by £8,773 (3.5%) over the last year. During the same period, its estimated monthly rental value has grown by £72 (5.0%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
59, Olympia Gardens, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
59, Olympia Gardens, Morpeth last changed hands on 28th September 2018, selling for £145,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 7.1% since September 2018.
- Sold Sep 2018£145,000
- Sold Apr 2001£57,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 59, Olympia Gardens, Morpeth across the last 2 years.
Most recently, 22, Northbourne Avenue, Morpeth, NE61 1JG, a freehold house, sold at £201,050 on the 4th October 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
Our analysis of the public data ranks 59, Olympia Gardens, Morpeth as the 30th largest and the 26th most expensive of the 49 addresses on Olympia Gardens, Morpeth, NE61.
Against the NE61 postcode district average, it is £33k less 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 59, 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.
