According to the public record, 2, Marlborough Court, Jarrow is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Marlborough Court, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
2, Marlborough Court, Jarrow has 31 entries in the Land Registry database, most recently in March 2011 and a single entry in the EPC database dated February 2015.
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 2 Marlborough Court Jarrow as £49,060 and the rental value as £399 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 2 Marlborough Court Jarrow has increased by £1,720 (3.5%) and its rental value has increased by £38 per month (9.6%).
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 2, Marlborough Court, Jarrow is in very good condition we estimate a sale value of £51,514 and rental value of £419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £45,626 and a rental value of £371 per month.
If you were able to purchase this property for the estimated value of £49,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £241 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, 2, Marlborough Court, Jarrow was last sold on 18 Mar 2011 for £49,999 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2011, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marlborough Court, Jarrow within a radius of 560 metres over the last 2 years.
The most recent example is 5, Marlborough Court, Jarrow, NE32 5RB, a Leasehold flat which sold for £50,500 in Apr 2024.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlborough Court, Jarrow, NE32 has a total of 16 addresses. According to our analysis of all the public data, 2, Marlborough Court, Jarrow is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE32.
2, Marlborough Court, Jarrow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Marlborough Court, Jarrow is Heworth station which is 4.7 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 2, Marlborough Court, Jarrow, 46.6% of property is privately owned outright and 26.7% 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 2, Marlborough Court, Jarrow, 10.9% of residents are recorded as possessing school level qualifications and 35.3% 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 2, Marlborough Court, 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 2, Marlborough Court, 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 2, Marlborough Court, Jarrow, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.