5 Olympia Gardens

    5, OLYMPIA GARDENS, MORPETH, NE61 1JQ

    This flat/maisonette leasehold property on Olympia Gardens last sold in July 2023 for £150,000. Based on price growth in the NE61 district since then, its estimated current value is £166,539 — placing it in the 16th percentile nationally and the 23rd percentile within NE61. The property covers 60 m² (646 sq ft), giving an estimated value of £2,776 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £150,000

    Jul 2023

    Estimated Valuation

    £166,539

    Est. £/m²

    £2,776/m²

    £258/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 area60 m² (646 sq ft)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jul 2023

    £150,000

    8 Aug 2003

    £95,000

    14 May 2002

    £69,950

    Key Metrics

    Estimated valuation£166,539
    Value per m² / sq ft£2,776/m² (£258/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile23rd percentile
    National percentile16th 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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