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The property has 67 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Barns Close, Jarrow is £328,005 and the estimated rental value is £1,423 per month.
Barns Close, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
16, Barns Close, Jarrow has been updated by North East Property. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 16, Barns Close, Jarrow is in very good condition we estimate a sale value of £344,405 and a rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,045 and a rental value of £1,323 per month.
Over the last 12 months the sale value of 16 Barns Close Jarrow has increased by an estimated £5,923 (1.8%) and its rental value has increased by an estimated £64 per month (4.5%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 16, Barns Close, Jarrow sits on a plot of 225m2.
We have plot size data on 14 out of 14 other houses in the postcode and 16, Barns Close, Jarrow sits on the 11th largest plot.
According to HM Land Registry, 16, Barns Close, Jarrow was last sold on 10th July 2002 for £142,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 16, Barns Close, Jarrow within a radius of 630 metres over the last 2 years.
The most recent example is 15, Barns Close, Jarrow, NE32 5NY, a freehold house which sold for £322,000 on the 21st December 2022.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barns Close, Jarrow, NE32 has a total of 14 addresses. According to our analysis of all the public data, 16, Barns Close, Jarrow is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in NE32.
The closest station to 16, Barns Close, Jarrow is Heworth station which is 4.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Barns Close, Jarrow, 37.2% of property is socially rented and 34.7% is privately owned outright.
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 16, Barns Close, Jarrow, 14.4% of residents are recorded as possessing school level qualifications and 25.3% 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 16, Barns Close, Jarrow, the average age was 40.5 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 16, Barns Close, Jarrow, 2.7% 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 16, Barns Close, Jarrow, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.