Values have been changing and have risen £794 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,606 in last 6 months, £7,512 in last 1 year, £12,656 in last 2 years, £16,885 in last 3 years, £7,063 in last 4 years and £9,035 in last 5 years.
Currently average asking price of a property in Park Road, Jarrow, NE32 is around £126,145 based on approximately 2 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 Park Road, Jarrow, NE32 is £158,166. Average asking price is £126,145 while average price paid is £26,500 which is up by £7,512 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 Park Road, Jarrow, NE32 area. In last 1 year alone average price buyer paid is around £26,500 based on approximately 2 sales in Park Road, Jarrow, NE32 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £142,700. 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 £141,937 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £107,912 per sale.