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The property has 41 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Rochester Square, Jarrow is £148,298 and the estimated rental value is £670 per month.
Rochester Square, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
7, Rochester Square, Jarrow has been updated by North East Property. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 7, Rochester Square, Jarrow is in very good condition we estimate a sale value of £155,713 and a rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,917 and a rental value of £623 per month.
Over the last 12 months the sale value of 7 Rochester Square Jarrow has increased by an estimated £3,513 (2.4%) and its rental value has increased by an estimated £35 per month (5.2%), giving an expected gross yield of 5.4%.
7, Rochester Square, Jarrow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 7, Rochester Square, Jarrow was last sold on 2nd August 2002 for £57,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rochester Square, Jarrow within a radius of 790 metres over the last 2 years.
The most recent example is 32, Peterborough Way, Jarrow, NE32 4XD, a freehold house which sold for £150,000 on the 3rd November 2023.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rochester Square, Jarrow, NE32 has a total of 13 addresses. According to our analysis of all the public data, 7, Rochester Square, Jarrow is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NE32.
The closest station to 7, Rochester Square, Jarrow is Heworth station which is 4.2 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Rochester Square, Jarrow, 65.2% of property is privately owned outright and 27.0% 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 7, Rochester Square, Jarrow, 13.3% of residents are recorded as possessing school level qualifications and 29.7% 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 7, Rochester Square, Jarrow, the average age was 43.7 and the most common age was 72.
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 7, Rochester Square, Jarrow, 2.7% 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 7, Rochester Square, Jarrow, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.