According to the public record, 17, Park Road, Jarrow is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,243 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Park Road, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
17, Park Road, Jarrow has a single entry in the Land Registry database from November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Park Road Jarrow as £186,972 and the rental value as £1,014 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 17 Park Road Jarrow has increased by £5,132 (2.7%) and its rental value has increased by £89 per month (8.8%).
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 17, Park Road, Jarrow is in very good condition we estimate a sale value of £196,321 and rental value of £1,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,884 and a rental value of £943 per month.
If you were able to purchase this property for the estimated value of £186,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £919 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 HM Land Registry, 17, Park Road, Jarrow was last sold on 18 Nov 2016 for £178,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Park Road, Jarrow within a radius of 500 metres over the last 2 years.
The most recent example is 61, York Street, Jarrow, NE32 5RY, a Freehold house which sold for £160,000 in Apr 2023.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Jarrow, NE32 has a total of 38 addresses. According to our analysis of all the public data, 17, Park Road, Jarrow is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in NE32.
The closest station to 17, Park Road, Jarrow is Heworth station which is 4.8 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 17, Park Road, Jarrow, 39.9% of property is privately owned with a mortgage and 31.2% is privately owned outright.
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 17, Park Road, Jarrow, 14.3% of residents are recorded as possessing school level qualifications and 31.7% 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 17, Park Road, Jarrow, the average age was 42.3 and the most common age was 57.
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 17, Park Road, 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 17, Park Road, Jarrow, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.