108 Faraday Grove, Gateshead, NE8 4UL is a leasehold flat built between 1900-1929. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £59,834 , which equates to approximately £79 per square foot. It was last sold on 13 Jan 2017 for £50,000. Since then, the value has increased by £9,834, representing a 19.7% increase, or approximately 2.2% per year.

The current estimated value of £59,834 is:

  • 27.8% lower than the average property price on Faraday Grove
  • 26.9% lower than the average in the NE8 4UL postcode area
  • and 66.1% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 15 April 2009, the property was recorded as owner-occupied.

View sold house prices in NE8 4UL

Building approximate location

About Property

Type
Terraced Maisonette
Built
1900-1929
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£59,834
Price Per sq ft (estimate)
£79
Bedroom Count (estimate)
2 bedrooms

EPC Summary

108 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Jun 2020.

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.

The previous EPC assessment was conducted on 15 Apr 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 13.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation, changing energy efficiency from average to very poor.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to NE8 4UL

52 nd / 59
Price Rank
27% lower than average
20 th / 54
Size Rank
3% smaller than average
50 th / 54
Price Per Sq FT Rank
24% lower than average

Compared to other properties in NE8 4UL , this maisonette's estimated value ranks 52th out of 59. Based on price per square foot, it ranks 50th 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 20th out of 54 properties in its postcode area.

Sale History

Today
£59,834
streetscan.co.uk estimate
+20 %
13 Jan 2017
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

7 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 753 sq ft
sale price: £72,500
sale date: 23 Oct 2023
23 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 646 sq ft
sale price: £55,000
sale date: 20 Oct 2023
53 Faraday Grove, Gateshead, NE8 4UL
rooms: 4
size: 700 sq ft
sale price: £73,000
sale date: 12 May 2023
35 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 709 sq ft
sale price: £69,000
sale date: 25 Apr 2023
6 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 721 sq ft
sale price: £80,000
sale date: 25 Apr 2023

Data Sources

The property at 108 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL appears once in the Land Registry records, with the transaction recorded on 13 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2020. 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.
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