6, Falcon Way
6, Falcon Way
Description & Estimates
6, Falcon Way, South Shields is recorded publicly as a modern freehold house across 527 ft2 of internal area, sitting on a 195 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 6, Falcon Way, South Shields is £157,521 and its rental estimate is £903 per month, given the available information and assuming reasonable condition.
Falcon Way, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
6, Falcon Way, South Shields has a single entry in the Land Registry from September 2010 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Falcon Way, South Shields, we estimate a market value of £165,397 and a rental value of £948 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,494 and £840 per month respectively.
Recent Market Change
Over the last year, 6, Falcon Way, South Shields has seen its estimated sale value move up by £1,104 (0.7%) and its estimated rental value increase by £31 per month (3.4%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 6, Falcon Way, South Shields as measuring 195 m2.
That makes it the 15th largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
6, Falcon Way, South Shields has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 12 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6, Falcon Way, South Shields completed on 24th September 2010 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 48.0% over the period since September 2010.
- Sold Sep 2010£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Falcon Way, South Shields have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2021, was 5, Falcon Way, South Shields, NE34 0DH, a leasehold house which sold for £135,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Falcon Way, South Shields, NE34, 6, Falcon Way, South Shields comes out as the 12th largest and the 8th most expensive in our analysis of the public data.
It is also £10k less expensive than the average property across the NE34 district.
More reading links
Schools Nearby
- 100mHoly Trinity Church of England Academy (South Shields)
- 300mBiddick Hall Junior School
- 600mMonkton Infants' School
- 1.3kmSt Wilfrid's RC College
- 1.9kmMortimer Community College
- 2.0kmBoldon School
More reading links
Public Transport Nearby
From 6, Falcon Way, South Shields, the nearest station is Heworth, 7.3 kilometres away.
- 7.3kmHeworth
- 8.0kmSunderland
- 8.6kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
