Jarrow

Area Guide For Jarrow

Jarrow  is a town in north-east England, placed on the River Tyne, with a populace of 27,526. Historically a part of County Durham, in 1974 Jarrow became a new member of the metropolitan county of Tyne and Wear.

 

In the 8th century, the religious community of Saint Paul in Jarrow was the home of Bede, who is viewed as the best Anglo-Saxon researcher and the father of English history. From the center of the 19th century until 1935, Jarrow was an centre for shipbuilding, and was the beginning stage of the Jarrow March against unemployment  in 1936

 
 

Jarrow Map

Estimated Price: £121,339
Average Asking Price: £125,576
Price change in last one year: £2,786
Average Price Paid: £106,550
Average Rent Rates: £574

 
 

Property Prices Breakdown in Jarrow

Average Price for property in Jarrow is around £121,339 which varies based on type of property you are interested in and ranges from £215,952 for detached house to around £125,001 for semi-detached. Similarly terraced house is around £109,276 and a flat is worth £72,711. Values have been changing and have risen £815 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,866 in last 6 months, £2,786 in last 1 year, £12,984 in last 2 years, £11,755 in last 3 years, £1,622 in last 4 years and £9,272 in last 5 years.

Currently average asking price of a property in Jarrow is around £125,576 based on approximately 201 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £574 per month.

Estimated property value in Jarrow is £121,339. Average asking price is £125,576 while average price paid is £113,336 which is up by £2,786 and Avg. asking rent £574.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 Jarrow area. In last 1 year alone average price buyer paid is around £113,336 based on approximately 201 sales in Jarrow area alone. If you compare it to last 3 years sales of 597 properties where buyers paid around £108,319. 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 £106,550 for 874 and average amount paid for purchase of approx. 1,195 properties sold in last 7 years comes to about £108,349 per sale.

 
 

Properties For Sale in Jarrow

 
 

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, £120,119 for a 2 bedroom house, £128,789 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 £47,487 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 Jarrow it comes to around average £52,766 for 1 bedroom property, £92,331 for 2 bedroom, £127,121 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 £439 and £423 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £437 for 2 bedroom, £486 for 3 bedroom and approximately £701 for 4 bedroom property in Jarrow area.

Popular Houses in Jarrow

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.

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