8 Olympia Gardens

    8, OLYMPIA GARDENS, MORPETH, NE61 1JQ

    This terraced freehold property on Olympia Gardens last sold in June 2021 for £205,000. Based on price growth in the NE61 district since then, its estimated current value is £271,068 — placing it in the 43rd percentile nationally and the 53rd percentile within NE61. The property covers 124 m² (1,335 sq ft), giving an estimated value of £2,186 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    124 m²

    (1,335 sq ft)

    Last Sale Price

    £205,000

    Jun 2021

    Estimated Valuation

    £271,068

    Est. £/m²

    £2,186/m²

    £203/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area124 m² (1,335 sq ft)
    EPC dateFeb 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2021

    £205,000

    Key Metrics

    Estimated valuation£271,068
    Value per m² / sq ft£2,186/m² (£203/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile53rd percentile
    National percentile43rd 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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