1 Olivers Mill

    1, OLIVERS MILL, MORPETH, NE61 1PP

    This flat/maisonette leasehold property on Olivers Mill last sold in September 2021 for £145,000. Based on price growth in the NE61 district since then, its estimated current value is £171,218 — placing it in the 17th percentile nationally and the 25th percentile within NE61. The property covers 58 m² (624 sq ft), giving an estimated value of £2,952 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £145,000

    Sept 2021

    Estimated Valuation

    £171,218

    Est. £/m²

    £2,952/m²

    £274/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area58 m² (624 sq ft)
    EPC dateNov 2019
    WallsSandstone or limestone, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas, Electric underfloor heating

    Transaction History

    21 Sept 2021

    £145,000

    24 Aug 2005

    £80,000

    21 Sept 2001

    £37,000

    2 Aug 1999

    £33,500

    28 Jun 1996

    New build

    £25,500

    Key Metrics

    Estimated valuation£171,218
    Value per m² / sq ft£2,952/m² (£274/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile25th percentile
    National percentile17th 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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