10 Faraday Grove, Gateshead, NE8 4UL is a leasehold flat built between 1900-1929. The property offers approximately 657 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £57,106 , which equates to approximately £87 per square foot. It was last sold on 13 Jun 2017 for £51,000. Since then, the value has increased by £6,106, representing a 12.0% increase, or approximately 1.4% per year.

The current estimated value of £57,106 is:

  • 31.1% lower than the average property price on Faraday Grove
  • 30.2% lower than the average in the NE8 4UL postcode area
  • and 67.7% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 6 February 2014, the property was recorded as owner-occupied.

View sold house prices in NE8 4UL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£57,106
Price Per sq ft (estimate)
£87
Bedroom Count (estimate)
2 bedrooms

EPC Summary

10 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Feb 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to NE8 4UL

54 th / 59
Price Rank
30% lower than average
51 st / 54
Size Rank
16% smaller than average
46 th / 54
Price Per Sq FT Rank
17% lower than average

Compared to other properties in NE8 4UL , this flat's estimated value ranks 54th out of 59. Based on price per square foot, it ranks 46th out of 54 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 51th out of 54 properties in its postcode area.

Sale History

Today
£57,106
streetscan.co.uk estimate
+12 %
13 Jun 2017
£51,000
Leasehold
+54.5 %
19 Feb 2004
£33,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £72,500
sale date: 23 Oct 2023
rooms: 3
size: 646 sq ft
sale price: £55,000
sale date: 20 Oct 2023
rooms: 4
size: 700 sq ft
sale price: £73,000
sale date: 12 May 2023
rooms: 3
size: 709 sq ft
sale price: £69,000
sale date: 25 Apr 2023
rooms: 3
size: 721 sq ft
sale price: £80,000
sale date: 25 Apr 2023

Data Sources

The property at 10 Faraday Grove, Gateshead, NE8 4UL appears two times in the Land Registry records, with the latest transaction recorded on 13 Jun 2017. It also has a single Energy Performance Certificate (EPC) from 6 Feb 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.