According to the public record, 26, Elberfeld Court, Jarrow is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Elberfeld Court, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
26, Elberfeld Court, Jarrow has no records in the Land Registry database and a single entry in the EPC database dated October 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 26 Elberfeld Court Jarrow as £52,519 and the rental value as £427 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 26 Elberfeld Court Jarrow has increased by £1,770 (3.4%) and its rental value has increased by £40 per month (9.5%).
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 26, Elberfeld Court, Jarrow is in very good condition we estimate a sale value of £55,144 and rental value of £448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,842 and a rental value of £397 per month.
If you were able to purchase this property for the estimated value of £52,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £258 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 26, Elberfeld Court, Jarrow within a radius of 590 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.
Elberfeld Court, Jarrow, NE32 has a total of 58 addresses. According to our analysis of all the public data, 26, Elberfeld Court, Jarrow is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in NE32.
26, Elberfeld Court, Jarrow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 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 26, Elberfeld Court, Jarrow is Heworth station which is 5.2 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 26, Elberfeld Court, Jarrow, 76.5% of property is socially rented and 13.2% 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 26, Elberfeld Court, Jarrow, 27.9% of residents are recorded as possessing school level qualifications and 16.0% 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 26, Elberfeld 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 26, Elberfeld 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 26, Elberfeld Court, Jarrow, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.