Values have been changing and have risen £203 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £299 in last 6 months, £6,932 in last 1 year, £8,226 in last 2 years, £11,306 in last 3 years, £7,720 in last 4 years and £7,873 in last 5 years.
Currently average asking price of a property in Falmouth Road, North Shields, NE29 is around £129,107 based on approximately 2 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £684 per month.
Estimated property value in Falmouth Road, North Shields, NE29 is £94,423. Average asking price is £129,107 while average price paid is £97,500 which is up by £6,932 and Avg. asking rent £684.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 Falmouth Road, North Shields, NE29 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 2 sales in Falmouth Road, North Shields, NE29 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £92,625. 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 £80,007 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £86,186 per sale.