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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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6, Wellesley Street, Jarrow is described in the public record as a period apartment with 957 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Wellesley Street, Jarrow is £118,591 and its rental estimate is £641 per month, given the available information and assuming reasonable condition.
Wellesley Street, Jarrow, NE32 falls within the NE32 postal district, in the borough of South Tyneside.
6, Wellesley Street, Jarrow has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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.
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 6, Wellesley Street, Jarrow, we estimate a market value of £124,521 and a rental value of £673 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,290 and £596 per month respectively.
Over the last year, 6, Wellesley Street, Jarrow has seen its estimated sale value climb by £1,381 (1.2%) and its estimated rental value rise by £21 per month (3.2%). This results in an estimated gross rental yield of 6.5%.
6, Wellesley Street, Jarrow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 6, Wellesley Street, Jarrow have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2017, was 18, Wellesley Street, Jarrow, NE32 5PJ, a leasehold flat which sold for £84,600.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 38 addresses on Wellesley Street, Jarrow, NE32, 6, Wellesley Street, Jarrow comes out as the 4th largest and the 14th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the NE32 district.
From 6, Wellesley Street, Jarrow, the nearest station is Heworth, 4.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 6, Wellesley Street, Jarrow, 46.6% of property is privately owned outright and 26.7% 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 6, Wellesley Street, Jarrow, 10.9% of residents are recorded as possessing school level qualifications and 35.3% 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 6, Wellesley Street, 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 6, Wellesley Street, Jarrow, 0.0% 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 6, Wellesley Street, 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.
