2, Falmouth Close
2, Falmouth Close
Description & Estimates
The public record describes 2, Falmouth Close, North Shields as a modern house with 656 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
2, Falmouth Close, North Shields has an estimated sale value of £145,462 and an estimated rental value of £909 per month, assuming reasonable condition and based on the information available.
Falmouth Close, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
2, Falmouth Close, North Shields has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Falmouth Close, North Shields would be worth £152,736, with a potential rental value of £954 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,280, with a rental value of £845 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Falmouth Close, North Shields has grown by £3,919 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (4.2%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
2, Falmouth Close, North Shields has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 14 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 2, Falmouth Close, North Shields across the last 2 years.
Most recently, 40, Netherton Avenue, North Shields, NE29 8JH, a freehold house, sold at £165,000 on the 21st October 2024.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Falmouth Close, North Shields as the 2nd largest and the 5th most expensive of the 8 addresses on Falmouth Close, North Shields, NE29.
Against the NE29 postcode district average, it is £40k less expensive than the typical property.
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Schools Nearby
- 600mNew York Primary School
- 800mWhitehouse Primary School
- 900mPreston Grange Primary School
- 700mSt Thomas More Catholic High School
- 1.1kmMonkseaton High School
- 1.5kmJohn Spence Community High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 2, Falmouth Close, North Shields at 3.0 kilometres away.
- 3.0kmNorthumberland Park (Tyne & Wear)
- 7.0kmSeaton Delaval
- 9.4kmNewsham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
