Falstone Avenue - NE15 7RP
Key Postcode Insights
NE15 7RP is a residential postcode situated on Falstone Avenue, Newcastle Upon Tyne, NE15 with 29 addresses.
It ranks as the 679th largest and 460th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 15 houses and 14 flats.
- Ave. Sale Price
- £124,080
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £779pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
NE15 7RP is a residential postcode situated on Falstone Avenue, Newcastle Upon Tyne, NE15 with 29 addresses.
It ranks as the 679th largest and 460th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 15 houses and 14 flats.
- Ave. Sale Price
- £124,080
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £779pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin NE15 7RP
- 1 Falstone Avenue
House
- 2 Falstone Avenue
2 Bed Mid-century Flat
- 4 Falstone Avenue
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE15 7RP sold for £148,000 on 4th December 2020. Since then prices are up an average of 18.8%.
The current average value in the postcode is £124,080.
The NE15 7RP Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £124,080 |
| June 2025 | 3.6% | £123,989 |
| June 2024 | -0.8% | £119,704 |
| June 2023 | 0.7% | £120,707 |
| June 2022 | 8.8% | £119,895 |
| June 2021 | 5.8% | £110,178 |
| June 2020 | 1.2% | £104,094 |
| June 2019 | -1.4% | £102,850 |
| June 2018 | 4.9% | £104,286 |
| June 2017 | -2.3% | £99,426 |
| June 2016 | 2.3% | £101,754 |
| June 2015 | 2% | £99,474 |
| June 2014 | 2.5% | £97,538 |
| June 2013 | -1.7% | £95,197 |
| June 2012 | -0.5% | £96,892 |
| June 2011 | -3% | £97,339 |
| June 2010 | 0.2% | £100,331 |
| June 2009 | -12.3% | £100,126 |
| June 2008 | -1.7% | £114,152 |
| June 2007 | 0% | £116,083 |
Rental Market Trends
The current average rental value in the postcode is £779.
The NE15 7RP Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £779pcm |
| June 2025 | 3.6% | £761pcm |
| June 2024 | 7.8% | £734pcm |
| June 2023 | 10.5% | £681pcm |
| June 2022 | 9.5% | £616pcm |
| June 2021 | 2.8% | £563pcm |
| June 2020 | 1.9% | £547pcm |
| June 2019 | 1.6% | £537pcm |
| June 2018 | 0.1% | £529pcm |
| June 2017 | 0.1% | £529pcm |
| June 2016 | 0.6% | £528pcm |
| June 2015 | 1.7% | £525pcm |
| June 2014 | 1% | £517pcm |
| June 2013 | 0.3% | £512pcm |
| June 2012 | 0.2% | £510pcm |
| June 2011 | 0.2% | £509pcm |
| June 2010 | 0.4% | £508pcm |
| June 2009 | -4.1% | £506pcm |
| June 2008 | -1.5% | £528pcm |
| June 2007 | 0% | £536pcm |
Sales History
The last sale was on 4th December 2020 for £148,000 and since then the market in the area has increased by 18.8%. The postcode has had a total of 6 sales since 1995.
NE15 7RP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2020£148,000 | 3 Bed House17, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP17, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP
- Sold Jan 2015£130,000 | 3 Bed House19, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP19, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP
- Sold Dec 2013£132,000 | 3 Bed House36, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP36, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP
- Sold May 2013£82,500 | 3 Bed House17, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP17, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP
- Sold Apr 2003£121,500 | 3 Bed House21, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP21, Falstone Avenue, Newcastle Upon Tyne, NE15 7RP
Nearby Postcodes
NE15 7RP is the 679th largest and the 460th most expensive postcode out of the 874 postcodes in the NE15 area.
- NE15 7RN, Northlea, Newcastle Upon Tyne, NE15NE15 7RN16 Addresses|51 m away
- NE15 7RR, Redesdale Close, South Denton, Newcastle Upon Tyne, NE15NE15 7RR10 Addresses|65 m away
- NE15 7RQ, Styford Gardens, Newcastle Upon Tyne, NE15NE15 7RQ16 Addresses|75 m away
- NE15 7RB, Southway, Newcastle Upon Tyne, NE15NE15 7RB24 Addresses|99 m away
- NE15 7SP, Arundel Drive, Newcastle Upon Tyne, NE15NE15 7SP12 Addresses|114 m away
Property Types
- 1 modern flat built after 1980
- 5 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 15 other addresses of unknown type
- modern flat (1)
- mid-century house (5)
- mid-century flat (8)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (6)
- G (0)
- D (6)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold May 2021£210,000 | 3 Bed House31, Falstone Avenue, Newcastle Upon Tyne, NE15 7ST31, Falstone Avenue, Newcastle Upon Tyne, NE15 7ST
- Sold Oct 2025£195,000 | 2 Bed House40, Falstone Avenue, Newcastle Upon Tyne, NE15 7SQ40, Falstone Avenue, Newcastle Upon Tyne, NE15 7SQ
- Sold May 2025£180,000 | 3 Bed House45, Falstone Avenue, Newcastle Upon Tyne, NE15 7ST45, Falstone Avenue, Newcastle Upon Tyne, NE15 7ST
Schools Nearby
- Broadwood Primary School400 m away
- Waverley Primary School700 m away
- St Bede's Catholic Primary School, Newcastle800 m away
- Studio West1.2 km away
- St Cuthbert's High School1.6 km away
- Sacred Heart Catholic High School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE15 7RP is Blaydon station, which is 2.2 kilometres away.
- Blaydon|2.2 km away
- MetroCentre|3.5 km away
- Dunston|5.3 km away
- Newcastle|5.5 km away
