According to the public record, 24, Morpeth Avenue, Jarrow is a mid-century house with 742 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morpeth Avenue, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
24, Morpeth Avenue, Jarrow has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
We combine this information with public data 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 24 Morpeth Avenue Jarrow as £162,052 and the rental value as £928 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 24 Morpeth Avenue Jarrow has increased by £5,177 (3.2%) and its rental value has increased by £86 per month (9.3%).
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 24, Morpeth Avenue, Jarrow is in very good condition we estimate a sale value of £170,155 and rental value of £974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,709 and a rental value of £863 per month.
If you were able to purchase this property for the estimated value of £162,052, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £796 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Morpeth Avenue, Jarrow within a radius of 610 metres over the last 2 years.
The most recent example is 7, Morpeth Avenue, Jarrow, NE32 5DZ, a Freehold house which sold for £131,500 in Aug 2023.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth Avenue, Jarrow, NE32 has a total of 24 addresses. According to our analysis of all the public data, 24, Morpeth Avenue, Jarrow is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in NE32.
24, Morpeth Avenue, Jarrow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2023.
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 24, Morpeth Avenue, Jarrow is Heworth station which is 4.4 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 24, Morpeth Avenue, Jarrow, 38.2% of property is socially rented and 33.6% 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 24, Morpeth Avenue, Jarrow, 15.8% of residents are recorded as possessing school level qualifications and 21.7% 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 24, Morpeth Avenue, Jarrow, the average age was 42.5 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 24, Morpeth Avenue, 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 24, Morpeth Avenue, 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.