According to the public record, 33, Arran Drive, Jarrow is a mid-century apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Arran Drive, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
33, Arran Drive, Jarrow has no records in the Land Registry database and a single entry in the EPC database dated July 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 33 Arran Drive Jarrow as £62,888 and the rental value as £489 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 33 Arran Drive Jarrow has increased by £1,943 (3.1%) and its rental value has increased by £46 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 33, Arran Drive, Jarrow is in very good condition we estimate a sale value of £66,033 and rental value of £514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,486 and a rental value of £455 per month.
If you were able to purchase this property for the estimated value of £62,888, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £309 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 33, Arran Drive, Jarrow within a radius of 610 metres over the last 2 years.
The most recent example is 51, Edinburgh Road, Jarrow, NE32 4BD, a Leasehold flat which sold for £65,500 in Jun 2022.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arran Drive, Jarrow, NE32 has a total of 22 addresses. According to our analysis of all the public data, 33, Arran Drive, Jarrow is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NE32.
33, Arran Drive, Jarrow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 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 33, Arran Drive, Jarrow is Heworth station which is 5.6 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 33, Arran Drive, Jarrow, 50.8% of property is socially rented and 28.1% 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 33, Arran Drive, Jarrow, 18.3% of residents are recorded as possessing school level qualifications and 21.8% 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 33, Arran Drive, 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 33, Arran Drive, 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 33, Arran Drive, Jarrow, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.