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Jarrow House Prices Jarrow House Prices

The average house price in Jarrow is £168,363 using HM Land Registry data.

The average property price increased by £41,006 (35.15%) over the last 5 years and increased by £8,196 (5.48%) over the last 12 months.

Over the last year, there were 218 residential property sales – a decrease of 102 transactions (-46.79%) relative to the previous year. The majority of house sales (59) were in the £102,000 - £134,000 range. Then came properties in the £134,000 - £166,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,653 (-2%).

In April 2024, there were 33 new estate agency instructions, 25 agreed home sales and 15 property price reductions.

Neighbouring Areas: South Shields, Hebburn, Boldon Colliery

Postcodes Covered: NE31, NE32, NE34

5-Year Average Property Prices in Jarrow

35.15%

Property prices in Jarrow increased by 35.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Jarrow Over the Last Year

5.48%

Property prices in Jarrow increased by 5.48% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Jarrow - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Jarrow

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Jarrow

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Jarrow

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Jarrow since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Jarrow area since 1995.

Recent Property Sales in Jarrow

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Bainbridge Avenue, South Shields, Tyne And Wear, NE34 9QT£170,000£170,000£0006 Nov 202308 Mar 2024123 Days
12 Breamish Street, Jarrow, Tyne And Wear, NE32 5SH£90,000£87,000-£3,00011 Jul 202308 Mar 2024241 Days
63 Wansbeck Road, Jarrow, Tyne And Wear, NE32 5SS£80,000£78,000-£2,00015 Nov 202308 Mar 2024114 Days
81 Dame Flora Robson Avenue, South Shields, Tyne And Wear, NE34 9ED£120,000£104,000-£16,00004 Aug 202301 Mar 2024210 Days
33 Capulet Grove, South Shields, Tyne And Wear, NE34 9AH£210,000£200,000-£10,00019 Oct 202323 Feb 2024127 Days
23 Gowan Court, Jarrow, Tyne And Wear, NE32 3PE£136,500£136,500£0002 Dec 202223 Feb 2024448 Days
139 Durham Drive, Jarrow, Tyne And Wear, NE32 4QZ£138,950£135,000-£3,95027 Oct 202320 Feb 2024116 Days
12 Chichester Way, Jarrow, Tyne And Wear, NE32 4XR£50,000£50,000£0005 Sep 202316 Feb 2024164 Days
9 Kent Street, Jarrow, Tyne And Wear, NE32 5AW£175,000£172,000-£3,00006 Oct 202309 Feb 2024126 Days
5 Bede Burn View, Jarrow, Tyne And Wear, NE32 5PQ£270,000£262,500-£7,50022 Jun 202309 Feb 2024232 Days
10 Thirlwell Grove, Jarrow, Tyne And Wear, NE32 5YD£230,000£215,000-£15,00007 Sep 202302 Feb 2024148 Days
13 Highgate Gardens, Jarrow, Tyne And Wear, NE32 4LR£140,000£135,000-£5,00009 May 202302 Feb 2024269 Days
22 Simonside Hall, South Shields, Tyne And Wear, NE34 9BW£110,000£105,000-£5,00019 Jun 202319 Jan 2024214 Days
17 Palmer Walk, Jarrow, Tyne And Wear, NE32 3PT£140,000£138,000-£2,00005 Sep 202312 Jan 2024129 Days
21 Cheviot Road, Monkton Village, Jarrow, Tyne And Wear, NE32 5NT£300,000£300,000£0018 Jul 202315 Dec 2023150 Days
15 Hither Green, Jarrow, Tyne And Wear, NE32 4LP£210,000£205,000-£5,00019 Sep 202312 Dec 202384 Days
3 Richmond Court, Jarrow, Tyne And Wear, NE32 3JH£115,000£115,000£0025 Jul 202301 Dec 2023129 Days
17 Ebor Street, South Shields, Tyne And Wear, NE34 9AS£70,000£62,500-£7,50009 May 202330 Nov 2023205 Days
88 Fieldway, Jarrow, Tyne And Wear, NE32 4QQ£130,000£130,000£0027 Jun 202329 Nov 2023155 Days
62 Croft Terrace, Jarrow, Tyne And Wear, NE32 5XH£220,000£217,000-£3,00005 Jul 202317 Nov 2023135 Days

Most Expensive Streets in Jarrow

PostcodeStreetAreaAverageNo. of Sales
NE32 5QPYork AvenueJarrow£400,0003
NE32 5NYBarns CloseJarrow£387,3333
NE32 5NNMonkton LaneMonkton Village£321,0004
NE32 5YBYork AvenueJarrow£300,3333
NE32 5QWYork AvenueJarrow£268,0003
NE32 4BGCedar DriveJarrow£261,7504
NE32 5QNYork AvenueJarrow£260,1663
NE32 5SBSurrey StreetJarrow£256,8005
NE32 5SDSussex StreetJarrow£256,6005
NE32 5TXMill Dene ViewJarrow£253,5004

Least Expensive Streets in Jarrow

PostcodeStreetAreaAverageNo. of Sales
NE32 5RBMarlborough CourtJarrow£47,8333
NE32 3ANStothard StreetJarrow£49,0624
NE32 3NHEllen CourtJarrow£52,6663
NE32 4APGlasgow RoadJarrow£52,9163
NE32 3NPGreenbankJarrow£56,8333
NE32 4XFLeicester WayJarrow£59,5004
NE32 3AWRussell StreetJarrow£59,5836
NE32 3ASSt Pauls RoadJarrow£65,7857
NE32 4XJLeicester WayJarrow£67,0003
NE32 4PASt Davids WayJarrow£68,5833

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