According to the public record, Flat 6, 241, Albert Road, Jarrow is a modern apartment with 540 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 241, Albert Road, Jarrow, NE32.
Albert Road, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
Flat 6, 241, Albert Road, Jarrow has no records in the Land Registry database and a single entry in the EPC database dated February 2012.
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 Flat 6 241 Albert Road Jarrow as £131,462 and the rental value as £759 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 241 Albert Road Jarrow has increased by £5,389 (4.1%) and its rental value has increased by £77 per month (10.2%).
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 Flat 6, 241, Albert Road, Jarrow is in very good condition we estimate a sale value of £138,035 and rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,259 and a rental value of £706 per month.
If you were able to purchase this property for the estimated value of £131,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £646 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 property sales within a 500 metres radius of Flat 6, 241, Albert Road, Jarrow over the last 2 years.
The most recent example is 245, Albert Road, Jarrow, NE32 5JB, a Freehold house which sold for £130,000 in Mar 2024.
Read more about house prices in NE32.
Albert Road, Jarrow, NE32 has a total of 165 addresses. According to our analysis of all the public data, Flat 6, 241, Albert Road, Jarrow is the 142nd largest and the 91st most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NE32.
Flat 6, 241, Albert Road, Jarrow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2012.
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 Flat 6, 241, Albert Road, Jarrow is Heworth station which is 4.8 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 Flat 6, 241, Albert Road, Jarrow, 37.0% of property is privately owned with a mortgage and 28.2% 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 Flat 6, 241, Albert Road, Jarrow, 15.6% of residents are recorded as possessing school level qualifications and 24.4% 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 Flat 6, 241, Albert Road, 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 Flat 6, 241, Albert Road, 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 Flat 6, 241, Albert Road, Jarrow, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.