8 Olympia Avenue

    8, OLYMPIA AVENUE, CHOPPINGTON, NE62 5DS

    This terraced freehold property on Olympia Avenue last sold in April 2011 for £80,000. Based on price growth in the NE62 district since then, its estimated current value is £113,270 — placing it in the 6th percentile nationally and the 34th percentile within NE62. The property covers 71 m² (764 sq ft), giving an estimated value of £1,595 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £80,000

    Apr 2011

    Estimated Valuation

    £113,270

    Est. £/m²

    £1,595/m²

    £148/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area71 m² (764 sq ft)
    EPC dateAug 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Apr 2011

    £80,000

    Key Metrics

    Estimated valuation£113,270
    Value per m² / sq ft£1,595/m² (£148/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE62 district percentile34th percentile
    National percentile6th percentile

    District Context — NE62

    NE62 covers rural areas in Northumberland, positioned in the north-east of England away from major urban centres. It is a predominantly quiet, older residential district with a strong community focus.

    Average Property Price - NE62

    £148,057

    3

    National percentile

    Average Net Household Income - NE62

    £32,000

    14

    National percentile

    10-Year Annualised Price Growth - NE62

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE62

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