Average Price for property in Olympia Gardens, Morpeth, NE61 is around £182,126 which varies based on type of property you are interested in and ranges from £148,728 for detached house to around £276,195 for semi-detached. Similarly terraced house is around £212,207 and a flat is worth £142,749. Values have been changing and have risen £657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,391 in last 6 months, £10,067 in last 1 year, £14,256 in last 2 years, £20,301 in last 3 years, £14,387 in last 4 years and £10,193 in last 5 years.
Currently average asking price of a property in Olympia Gardens, Morpeth, NE61 is around £298,258 based on approximately 4 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £860 per month.
Estimated property value in Olympia Gardens, Morpeth, NE61 is £182,126. Average asking price is £298,258 while average price paid is £190,875 which is up by £10,067 and Avg. asking rent £860.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Olympia Gardens, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £190,875 based on approximately 4 sales in Olympia Gardens, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £182,357. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £184,268 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £176,842 per sale.