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Company No. 11113204
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According to the public record, Flat 3, 2, Park Road, Jarrow is a modern apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 2, Park Road, Jarrow is £52,855 and the estimated rental value is £400 per month.
The apartment is within 2, Park Road, Jarrow, NE32.
Park Road, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
Flat 3, 2, Park Road, Jarrow has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 3, 2, Park Road, Jarrow is in very good condition we estimate a sale value of £55,498 and a rental value of £420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,156 and a rental value of £372 per month.
Over the last 12 months the sale value of Flat 3 2 Park Road Jarrow has increased by an estimated £88 (0.2%) and its rental value has increased by an estimated £12 per month (2.9%), giving an expected gross yield of 9.1%.
Flat 3, 2, Park Road, Jarrow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 2, Park Road, Jarrow within a radius of 490 metres over the last 2 years.
The most recent example is 18, Beech Street, Jarrow, NE32 5LD, a leasehold flat which sold for £600 on the 2nd May 2024.
Read more about house prices in NE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Jarrow, NE32 has a total of 37 addresses. According to our analysis of all the public data, Flat 3, 2, Park Road, Jarrow is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE32.
The closest station to Flat 3, 2, Park Road, Jarrow is Heworth station which is 4.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 2, Park Road, Jarrow, 39.9% of property is privately owned with a mortgage and 31.2% is privately owned outright.
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 Flat 3, 2, Park Road, Jarrow, 14.3% of residents are recorded as possessing school level qualifications and 31.7% 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 Flat 3, 2, Park Road, 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 Flat 3, 2, Park Road, 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 Flat 3, 2, Park Road, Jarrow, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
