According to the public record, 245, Albert Road, Jarrow is a mid-century freehold house with 904 ft2 of internal area and sits on a 172 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Albert Road, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
245, Albert Road, Jarrow has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated May 2023.
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 245 Albert Road Jarrow as £135,344 and the rental value as £864 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 245 Albert Road Jarrow has increased by £6,076 (4.5%) and its rental value has increased by £92 per month (10.6%).
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 245, Albert Road, Jarrow is in very good condition we estimate a sale value of £142,111 and rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,870 and a rental value of £803 per month.
If you were able to purchase this property for the estimated value of £135,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £665 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, 245, Albert Road, Jarrow sits on a plot of 172m2.
We have plot size data on 11 out of 20 other houses in the postcode and 245, Albert Road, Jarrow sits on the 4th largest plot.
According to HM Land Registry, 245, Albert Road, Jarrow was last sold on 11 Mar 2024 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Albert Road, Jarrow within a radius of 490 metres over the last 2 years.
The most recent example is 99, Northbourne Road, Jarrow, NE32 5JR, a Freehold house which sold for £99,950 in Dec 2023.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Jarrow, NE32 has a total of 165 addresses. According to our analysis of all the public data, 245, Albert Road, Jarrow is the 82nd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in NE32.
245, Albert Road, Jarrow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 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 245, Albert 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 245, Albert Road, Jarrow, 37.0% of property is privately owned with a mortgage and 28.2% 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 245, Albert Road, Jarrow, 15.6% of residents are recorded as possessing school level qualifications and 24.4% 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 245, Albert Road, Jarrow, the average age was 39.8 and the most common age was 32.
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 245, Albert 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 245, Albert Road, Jarrow, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.