38 Falstone Avenue

    38, FALSTONE AVENUE, NEWCASTLE UPON TYNE, NE15 7SQ

    This semi-detached leasehold property on Falstone Avenue last sold in January 2020 for £140,000. Based on price growth in the NE15 district since then, its estimated current value is £160,467 — placing it in the 15th percentile nationally and the 46th percentile within NE15. The property covers 60 m² (646 sq ft), giving an estimated value of £2,674 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £140,000

    Jan 2020

    Estimated Valuation

    £160,467

    Est. £/sq ft

    £248/sq ft

    £2,674/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateSept 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2020

    £140,000

    Key Metrics

    Estimated valuation£160,467
    Value per sq ft / m²£248/sq ft (£2,674/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile46th percentile
    National percentile15th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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