51 Olympia Gardens

    51, OLYMPIA GARDENS, MORPETH, NE61 1JQ

    This flat/maisonette leasehold property on Olympia Gardens last sold in October 2015 for £143,000. Based on price growth in the NE61 district since then, its estimated current value is £195,508 — placing it in the 23rd percentile nationally and the 32nd percentile within NE61. The property covers 60 m² (646 sq ft), giving an estimated value of £3,258 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

    £143,000

    Oct 2015

    Estimated Valuation

    £195,508

    Est. £/m²

    £3,258/m²

    £303/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

    15 Oct 2015

    £143,000

    3 Apr 2009

    £137,000

    9 Feb 2006

    £139,000

    30 Mar 2003

    £97,510

    21 Jun 2002

    £65,000

    Key Metrics

    Estimated valuation£195,508
    Value per m² / sq ft£3,258/m² (£303/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile32nd percentile
    National percentile23rd 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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