23 Olympia Gardens, Morpeth, NE61 1JQ is a leasehold terraced property built between 1900-1929. The property offers approximately 818 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £222,400 , which equates to approximately £272 per square foot. It was last sold on 15 Jul 2003 for £94,000. Since then, the value has increased by £128,400, representing a 136.6% increase, or approximately 6.1% per year.

The current estimated value of £222,400 is:

  • 9.0% lower than the average property price on Olympia Gardens
  • 3.6% lower than the average in the NE61 1JQ postcode area
  • and 30.8% lower than the average price for Morpeth as a whole

At the most recent EPC inspection on 8 February 2019, the property was recorded as owner-occupied.

View sold house prices in NE61 1JQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£222,400
Price Per sq ft (estimate)
£272
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23 Olympia Gardens, Morpeth, Castle Morpeth, Northumberland, NE61 1JQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Feb 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jan 2009. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE61 1JQ

21 st / 37
Price Rank
4% lower than average
21 st / 33
Size Rank
28% smaller than average
7 th / 33
Price Per Sq FT Rank
33% higher than average

Compared to other properties in NE61 1JQ , this flat's estimated value ranks 21th out of 37. Based on price per square foot, it ranks 7th out of 33 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 21th out of 33 properties in its postcode area.

Sale History

Today
£222,400
streetscan.co.uk estimate
+137 %
15 Jul 2003
£94,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 700 sq ft
sale price: £111,000
sale date: 8 Sep 2014
rooms: 3
size: 807 sq ft
sale price: £137,000
sale date: 21 Dec 2006
rooms: 4
size: 807 sq ft
sale price: £84,000
sale date: 14 Mar 2003

Data Sources

The property at 23 Olympia Gardens, Morpeth, Castle Morpeth, Northumberland, NE61 1JQ appears once in the Land Registry records, with the transaction recorded on 15 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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