7, Canterbury Way
7, Canterbury Way
Description & Estimates
Public records show 7, Canterbury Way, Jarrow to be a mid-century leasehold apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Canterbury Way, Jarrow has an estimated sale value of £57,379 and an estimated rental value of £436 per month, assuming reasonable condition and based on the information available.
Canterbury Way, Jarrow, NE32 lies in the borough of South Tyneside, within the NE32 postal district.
Our Data Sources
7, Canterbury Way, Jarrow has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Canterbury Way, Jarrow would be worth £60,248, with a potential rental value of £457 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £53,362, with a rental value of £405 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 7, Canterbury Way, Jarrow has dropped by £32 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £8 (1.9%). The property's estimated gross yield is currently 9.1%.
Energy Efficiency
7, Canterbury Way, Jarrow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
7, Canterbury Way, Jarrow last changed hands on 20th March 2024, selling for £37,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.9% since March 2024.
- Sold Mar 2024£37,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 7, Canterbury Way, Jarrow across the last 2 years.
Most recently, 93, Leicester Way, Jarrow, NE32 4XT, a leasehold flat, sold at £54,000 on the 26th January 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
Our analysis of the public data ranks 7, Canterbury Way, Jarrow as the 28th largest and the 27th most expensive of the 32 addresses on Canterbury Way, Jarrow, NE32.
Against the NE32 postcode district average, it is £95k less expensive than the typical property.
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Schools Nearby
- 400mFellgate Primary School
- 600mSt Matthew's Catholic Primary School, Jarrow
- 700mSt Joseph's Catholic Primary School, Jarrow
- 1.7kmSt Joseph's Catholic Academy
- 1.8kmHebburn Comprehensive School
- 2.0kmJarrow School
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Public Transport Nearby
Heworth station is the nearest stop to 7, Canterbury Way, Jarrow at 3.8 kilometres away.
- 3.8kmHeworth
- 7.2kmManors
- 7.8kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
