18, Leicester Way
18, Leicester Way
Description & Estimates
According to the public record, 18, Leicester Way, Jarrow is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 674 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Leicester Way, Jarrow is £84,420 and the estimated rental value is £537 per month.
Leicester Way, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
Our Data Sources
18, Leicester Way, Jarrow has 51 entries in the Land Registry , most recently in July 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 18, Leicester Way, Jarrow is in very good condition we estimate a sale value of £88,641 and a rental value of £564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,511 and a rental value of £499 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Leicester Way, Jarrow has declined by £47 (0.1%), while its estimated rental value has climbed by £10 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Sold Prices
According to HM Land Registry, 18, Leicester Way, Jarrow was last sold on 13th July 2007 for £89,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since July 2007, the market for similar properties has dropped by 21.5%.
- Sold Jul 2007£89,000
- Sold Feb 2007£90,000
- Sold Apr 2004£73,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Leicester Way, Jarrow within a radius of 770 metres over the last 2 years.
The most recent example is 18, Lancaster Way, Jarrow, NE32 4UQ, a leasehold flat which sold for £82,500 on the 14th October 2024.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Leicester Way, Jarrow, NE32 has a total of 95 addresses. According to our analysis of all the public data, 18, Leicester Way, Jarrow is the 49th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE32.
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Schools Nearby
- 400mFellgate Primary School
- 600mSt Joseph's Catholic Primary School, Jarrow
- 700mSt Matthew's Catholic Primary School, Jarrow
- 1.8kmSt Joseph's Catholic Academy
- 1.9kmHebburn Comprehensive School
- 2.1kmJarrow School
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Public Transport Nearby
The closest station to 18, Leicester Way, Jarrow is Heworth station, which is 3.8 kilometres away.
- 3.8kmHeworth
- 7.3kmManors
- 7.9kmNewcastle
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
