Average Price for property in Falcon Way, South Shields, NE34 is around £125,153 which varies based on type of property you are interested in and ranges from £121,959 for detached house to around £129,781 for semi-detached. Similarly terraced house is around £118,377. Values have been changing and have risen £102 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £280 in last 6 months, £8,327 in last 1 year, £9,442 in last 2 years, £13,775 in last 3 years, £9,868 in last 4 years and £7,834 in last 5 years.
Currently average asking price of a property in Falcon Way, South Shields, NE34 is around £143,345 based on approximately 1 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Falcon Way, South Shields, NE34 is £125,153. Average asking price is £143,345 while average price paid is £139,950 which is up by £8,327 and Avg. asking rent £634.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 Falcon Way, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £139,950 based on approximately 1 sales in Falcon Way, South Shields, NE34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £123,316. 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 £119,987 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £119,990 per sale.