25 Olympia Gardens

    25, OLYMPIA GARDENS, MORPETH, NE61 1JQ

    This flat/maisonette leasehold property on Olympia Gardens last sold in February 2018 for £140,000. Based on price growth in the NE61 district since then, its estimated current value is £121,943 — placing it in the 7th percentile nationally and the 12th percentile within NE61. The property covers 75 m² (807 sq ft), giving an estimated value of £1,626 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £140,000

    Feb 2018

    Estimated Valuation

    £121,943

    Est. £/m²

    £1,626/m²

    £151/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area75 m² (807 sq ft)
    EPC dateSept 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2018

    £140,000

    11 Jun 2004

    £140,000

    30 Jul 1999

    £55,000

    27 Apr 1998

    £34,500

    Key Metrics

    Estimated valuation£121,943
    Value per m² / sq ft£1,626/m² (£151/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile12th percentile
    National percentile7th 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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