45, Wellesley Street
45, Wellesley Street
Description & Estimates
Public records show 45, Wellesley Street, Jarrow to be a period leasehold apartment with 947 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
45, Wellesley Street, Jarrow has an estimated sale value of £117,957 and an estimated rental value of £641 per month, assuming reasonable condition and based on the information available.
Wellesley Street, Jarrow, NE32 lies in the borough of South Tyneside, within the NE32 postal district.
Our Data Sources
45, Wellesley Street, Jarrow has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 45, Wellesley Street, Jarrow would be worth £123,854, with a potential rental value of £673 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,700, with a rental value of £596 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 45, Wellesley Street, Jarrow has risen by £1,374 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £21 (3.2%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
45, Wellesley Street, Jarrow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
45, Wellesley Street, Jarrow last changed hands on 1st February 2013, selling for £87,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 7.2% since February 2013.
- Sold Feb 2013£87,000
- Sold Nov 2000£30,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 580 metres of 45, Wellesley Street, Jarrow across the last 2 years.
Most recently, 6, Wellesley Street, Jarrow, NE32 5PJ, a leasehold flat, sold at £74,500 on the 7th December 2021.
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
Our analysis of the public data ranks 45, Wellesley Street, Jarrow as the 5th largest and the 15th most expensive of the 38 addresses on Wellesley Street, Jarrow, NE32.
Against the NE32 postcode district average, it is £35k less expensive than the typical property.
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Schools Nearby
- 500mJarrow Cross CofE Primary School
- 800mValley View Primary School
- 800mBede Burn Primary School
- 200mJarrow School
- 1.4kmHebburn Comprehensive School
- 2.4kmSt Joseph's Catholic Academy
More reading links
Public Transport Nearby
Heworth station is the nearest stop to 45, Wellesley Street, Jarrow at 4.7 kilometres away.
- 4.7kmHeworth
- 6.9kmNorthumberland Park (Tyne & Wear)
- 7.2kmManors
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
