2 Olympia Hill

    2, OLYMPIA HILL, MORPETH, NE61 1JH

    This terraced freehold property on Olympia Hill last sold in February 2017 for £220,000. Based on price growth in the NE61 district since then, its estimated current value is £294,782 — placing it in the 48th percentile nationally and the 58th percentile within NE61. The property covers 92 m² (990 sq ft), giving an estimated value of £3,204 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    92 m²

    (990 sq ft)

    Last Sale Price

    £220,000

    Feb 2017

    Estimated Valuation

    £294,782

    Est. £/m²

    £3,204/m²

    £298/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area92 m² (990 sq ft)
    EPC dateSept 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2017

    £220,000

    17 Dec 2007

    £222,000

    24 Nov 2006

    £190,000

    Key Metrics

    Estimated valuation£294,782
    Value per m² / sq ft£3,204/m² (£298/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile58th percentile
    National percentile48th percentile

    District Context — NE61

    NE61 covers the area around Morpeth and nearby settlements in central Northumberland, located between Newcastle and the Scottish border. It is a rural and semi-rural district with strong community character and good access to both countryside and urban amenities.

    Average Property Price - NE61

    £293,975

    41

    National percentile

    Average Net Household Income - NE61

    £39,988

    58

    National percentile

    10-Year Annualised Price Growth - NE61

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE61

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