16 Olympia Gardens

    16, OLYMPIA GARDENS, MORPETH, NE61 1JQ

    This terraced freehold property on Olympia Gardens last sold in October 2023 for £316,000. Based on price growth in the NE61 district since then, its estimated current value is £349,826 — placing it in the 59th percentile nationally and the 70th percentile within NE61. The property covers 89 m² (958 sq ft), giving an estimated value of £3,931 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £316,000

    Oct 2023

    Estimated Valuation

    £349,826

    Est. £/m²

    £3,931/m²

    £365/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area89 m² (958 sq ft)
    EPC dateNov 2014
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 2023

    £316,000

    26 Mar 2021

    £215,000

    Key Metrics

    Estimated valuation£349,826
    Value per m² / sq ft£3,931/m² (£365/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile70th percentile
    National percentile59th 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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