31, Leicester Way
31, Leicester Way
Description & Estimates
31, Leicester Way, Jarrow appears in the public record as a freehold house sitting on a 262 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,269 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 31, Leicester Way, Jarrow is £258,114 and its rental estimate is £1,196 per month, given the available information and assuming reasonable condition.
Leicester Way, Jarrow, NE32 falls within the NE32 postal district, in the borough of South Tyneside.
Our Data Sources
31, Leicester Way, Jarrow has 21 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 31, Leicester Way, Jarrow, we estimate a market value of £271,020 and a rental value of £1,256 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,046 and £1,112 per month respectively.
Recent Market Change
Over the last year, 31, Leicester Way, Jarrow has seen its estimated sale value grow by £2,900 (1.1%) and its estimated rental value climb by £36 per month (3.0%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 31, Leicester Way, Jarrow as measuring 262 m2.
That makes it the 4th largest plot in the postcode, where all 8 other houses have recorded plot data.
Sold Prices
The most recent sale of 31, Leicester Way, Jarrow completed on 6th July 2007 at £198,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 19.5% over the period since July 2007.
- Sold Jul 2007£198,000
- Sold May 1999£86,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, Leicester Way, Jarrow have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was 20, Durham Drive, Jarrow, NE32 4TF, a freehold house which sold for £217,500.
Read more about house prices in NE32.
- Sold Sep 2024£217,500 | 4 Bed House20, Durham Drive, Jarrow, NE32 4TF20, Durham Drive, Jarrow, NE32 4TF
- Sold Feb 2023£225,000 | 4 Bed House49, Peterborough Way, Jarrow, NE32 4XE49, Peterborough Way, Jarrow, NE32 4XE
- Sold May 2020£243,500 | 4 Bed House36, Canterbury Way, Jarrow, NE32 4TD36, Canterbury Way, Jarrow, NE32 4TD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 95 addresses on Leicester Way, Jarrow, NE32, 31, Leicester Way, Jarrow comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £106k more expensive than the average property across the NE32 district.
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Schools Nearby
- 300mFellgate Primary School
- 600mSt Joseph's Catholic Primary School, Jarrow
- 700mSt Matthew's Catholic Primary School, Jarrow
- 1.9kmSt Joseph's Catholic Academy
- 1.9kmHebburn Comprehensive School
- 2.1kmJarrow School
More reading links
Public Transport Nearby
From 31, Leicester Way, Jarrow, the nearest station is Heworth, 3.9 kilometres away.
- 3.9kmHeworth
- 7.3kmManors
- 8.0kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
