According to the public record, 3, Exeter Way, Jarrow is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 881 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Exeter Way, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
3, Exeter Way, Jarrow has 21 entries in the Land Registry database, most recently in July 2008 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 3 Exeter Way Jarrow as £180,949 and the rental value as £962 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 3 Exeter Way Jarrow has increased by £4,900 (2.7%) and its rental value has increased by £85 per month (8.9%).
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 3, Exeter Way, Jarrow is in very good condition we estimate a sale value of £189,996 and rental value of £1,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,282 and a rental value of £895 per month.
If you were able to purchase this property for the estimated value of £180,949, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £889 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, 3, Exeter Way, Jarrow was last sold on 25 Jul 2008 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2008, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Exeter Way, Jarrow within a radius of 640 metres over the last 2 years.
The most recent example is 35, Hereford Way, Jarrow, NE32 4TZ, a Leasehold house which sold for £160,000 in Oct 2023.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exeter Way, Jarrow, NE32 has a total of 21 addresses. According to our analysis of all the public data, 3, Exeter Way, Jarrow is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NE32.
The closest station to 3, Exeter Way, Jarrow is Heworth station which is 4.1 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 3, Exeter Way, Jarrow, 52.9% of property is privately owned outright and 37.0% 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 3, Exeter Way, Jarrow, 14.1% of residents are recorded as possessing school level qualifications and 25.2% 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 3, Exeter Way, Jarrow, the average age was 43.7 and the most common age was 72.
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 3, Exeter Way, Jarrow, 1.2% 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 3, Exeter Way, Jarrow, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.