According to the public record, 1, Norwich Way, Jarrow is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norwich Way, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
1, Norwich Way, Jarrow has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Norwich Way Jarrow as £192,548 and the rental value as £1,009 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Norwich Way Jarrow has increased by £5,214 (2.7%) and its rental value has increased by £89 per month (8.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Norwich Way, Jarrow is in very good condition we estimate a sale value of £202,175 and rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,069 and a rental value of £938 per month.
If you were able to purchase this property for the estimated value of £192,548, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £946 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Norwich Way, Jarrow sits on a plot of 220m2.
We have plot size data on 21 out of 23 other houses in the postcode and 1, Norwich Way, Jarrow sits on the 9th largest plot.
According to HM Land Registry, 1, Norwich Way, Jarrow was last sold on 27 Aug 2020 for £157,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Norwich Way, Jarrow within a radius of 930 metres over the last 2 years.
The most recent example is 191, Durham Drive, Jarrow, NE32 4SE, a Freehold house which sold for £188,000 in Jun 2024.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norwich Way, Jarrow, NE32 has a total of 23 addresses. According to our analysis of all the public data, 1, Norwich Way, Jarrow is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in NE32.
1, Norwich Way, Jarrow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Norwich Way, Jarrow is Heworth station which is 4.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Norwich Way, Jarrow, 61.2% of property is privately owned outright and 24.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Norwich Way, Jarrow, 13.7% of residents are recorded as possessing school level qualifications and 25.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Norwich Way, Jarrow, the average age was 43.7 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Norwich Way, Jarrow, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Norwich Way, Jarrow, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.