According to the public record, 37, Russell Street, Jarrow is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Russell Street, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
37, Russell Street, Jarrow has 41 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated January 2017.
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 37 Russell Street Jarrow as £57,595 and the rental value as £442 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 37 Russell Street Jarrow has increased by £1,894 (3.3%) and its rental value has increased by £42 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 37, Russell Street, Jarrow is in very good condition we estimate a sale value of £60,475 and rental value of £464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,564 and a rental value of £411 per month.
If you were able to purchase this property for the estimated value of £57,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £283 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, 37, Russell Street, Jarrow was last sold on 14 Jan 2019 for £48,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2019, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Russell Street, Jarrow within a radius of 710 metres over the last 2 years.
The most recent example is 41, Stothard Street, Jarrow, NE32 3AN, a Leasehold flat which sold for £52,500 in Nov 2023.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Street, Jarrow, NE32 has a total of 51 addresses. According to our analysis of all the public data, 37, Russell Street, Jarrow is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NE32.
37, Russell Street, Jarrow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2017.
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 37, Russell Street, Jarrow is Heworth station which is 5.7 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 37, Russell Street, Jarrow, 37.7% of property is privately rented and 21.9% 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 37, Russell Street, Jarrow, 13.6% of residents are recorded as possessing school level qualifications and 20.7% 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 37, Russell Street, 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 37, Russell Street, 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 37, Russell Street, Jarrow, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.