Albert Road, Jarrow, NE32

Street Guide For Albert Road, Jarrow, NE32

 

Albert Road, Jarrow, NE32 Map

Estimated Price: £111,280
Average Asking Price: £126,145
Price change in last one year: £5,070
Average Price Paid: £99,400
Average Rent Rates: £579

 

Property Prices Breakdown in Albert Road, Jarrow, NE32

Average Price for property in Albert Road, Jarrow, NE32 is around £111,280 which varies based on type of property you are interested in and ranges from £187,089 for detached house to around £141,932 for semi-detached. Similarly terraced house is around £113,183 and a flat is worth £82,072. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,758 in last 6 months, £5,070 in last 1 year, £8,542 in last 2 years, £11,397 in last 3 years, £4,772 in last 4 years and £6,106 in last 5 years.

Currently average asking price of a property in Albert Road, Jarrow, NE32 is around £126,145 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £579 per month.

Estimated property value in Albert Road, Jarrow, NE32 is £111,280. Average asking price is £126,145 while average price paid is £118,666 which is up by £5,070 and Avg. asking rent £579.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Albert Road, Jarrow, NE32 area. In last 1 year alone average price buyer paid is around £118,666 based on approximately 3 sales in Albert Road, Jarrow, NE32 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £102,571. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £99,400 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £99,559 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £95,000, £120,348 for a 2 bedroom house, £128,927 for a 3 bedroom house, £207,630 for a 4 bedroom house and £234,981 for a 5 bedroom house. For a flat similarly the prices varies from £49,628 for a single bedroom to £67,417 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £62,617. To sum up the asking prices for properties in Albert Road, Jarrow, NE32 it comes to around average £55,299 for 1 bedroom property, £92,439 for 2 bedroom, £127,269 for 3 bedroom, £207,630 for 4 bedroom and £234,981 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £295 for 1 bedroom to £432 for 2 bedroom, £528 for 3 bedroom and £701 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £358. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £432 and £423 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £432 for 2 bedroom, £486 for 3 bedroom and approximately £701 for 4 bedroom property in Albert Road, Jarrow, NE32 area.

Popular Houses in Albert Road, Jarrow, NE32

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Albert Road, Jarrow, NE32