According to the public record, 8, Warkworth Terrace, Jarrow is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 993 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Warkworth Terrace, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
8, Warkworth Terrace, Jarrow has a single entry in the Land Registry database from March 2007 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 8 Warkworth Terrace Jarrow as £173,288 and the rental value as £977 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Warkworth Terrace Jarrow has increased by £5,536 (3.2%) and its rental value has increased by £91 per month (9.3%).
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 8, Warkworth Terrace, Jarrow is in very good condition we estimate a sale value of £181,953 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,158 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £173,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £852 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, 8, Warkworth Terrace, Jarrow was last sold on 26 Mar 2007 for £129,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Warkworth Terrace, Jarrow within a radius of 590 metres over the last 2 years.
The most recent example is 14, Warkworth Terrace, Jarrow, NE32 5EE, a Freehold house which sold for £132,000 in Aug 2022.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warkworth Terrace, Jarrow, NE32 has a total of 15 addresses. According to our analysis of all the public data, 8, Warkworth Terrace, Jarrow is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in NE32.
The closest station to 8, Warkworth Terrace, Jarrow is Heworth station which is 4.4 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 8, Warkworth Terrace, Jarrow, 42.2% of property is privately owned outright and 31.3% 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 8, Warkworth Terrace, Jarrow, 20.7% of residents are recorded as possessing school level qualifications and 21.5% 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 8, Warkworth Terrace, Jarrow, the average age was 42.5 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 8, Warkworth Terrace, Jarrow, 0.3% 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 8, Warkworth Terrace, Jarrow, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.