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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Market Walk, Jarrow appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 714 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Market Walk, Jarrow is £103,090 and its rental estimate is £592 per month, given the available information and assuming reasonable condition.
Market Walk, Jarrow, NE32 falls within the NE32 postal district, in the borough of South Tyneside.
1, Market Walk, Jarrow has a single entry in the Land Registry from June 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Market Walk, Jarrow, we estimate a market value of £108,245 and a rental value of £622 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,874 and £551 per month respectively.
Over the last year, 1, Market Walk, Jarrow has seen its estimated sale value drop by £58 (0.1%) and its estimated rental value rise by £11 per month (1.9%). This results in an estimated gross rental yield of 6.9%.
The most recent sale of 1, Market Walk, Jarrow completed on 8th June 2007 at £89,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.6% over the period since June 2007.
Over the past 2 years 3 properties similar to 1, Market Walk, Jarrow have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 64, Grange Road, Jarrow, NE32 3LD, a leasehold flat which sold for £89,950.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Market Walk, Jarrow, NE32, 1, Market Walk, Jarrow comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the NE32 district.
From 1, Market Walk, Jarrow, the nearest station is Heworth, 5.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Market Walk, Jarrow, 48.8% of property is socially rented and 20.0% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 1, Market Walk, Jarrow, 11.9% of residents are recorded as possessing school level qualifications and 23.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Market Walk, 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 1, Market Walk, 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 1, Market Walk, 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.
