112 Faraday Grove, Gateshead, NE8 4UL is a freehold flat built between 1900-1929. The property offers approximately 915 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £79,842 , which equates to approximately £87 per square foot. It was last sold on 13 May 2004 for £60,000. Since then, the value has increased by £19,842, representing a 33.1% increase, or approximately 1.5% per year.

The current estimated value of £79,842 is:

  • 3.6% lower than the average property price on Faraday Grove
  • 2.4% lower than the average in the NE8 4UL postcode area
  • and 54.8% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 20 May 2022, the property was recorded as rented.

View sold house prices in NE8 4UL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
915 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£79,842
Price Per sq ft (estimate)
£87
Bedroom Count (estimate)
3 bedrooms

EPC Summary

112 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 20 May 2022.

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
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4UL

35 th / 59
Price Rank
2% lower than average
5 th / 54
Size Rank
18% bigger than average
44 th / 54
Price Per Sq FT Rank
17% lower than average

Compared to other properties in NE8 4UL , this flat's estimated value ranks 35th out of 59. Based on price per square foot, it ranks 44th 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 5th out of 54 properties in its postcode area.

Sale History

Today
£79,842
streetscan.co.uk estimate
+33 %
13 May 2004
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 786 sq ft
sale price: £47,500
sale date: 29 Jun 2016
rooms: 3
size: 818 sq ft
sale price: £74,000
sale date: 18 Mar 2005

Data Sources

The property at 112 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL appears once in the Land Registry records, with the transaction recorded on 13 May 2004. It also has a single Energy Performance Certificate (EPC) from 20 May 2022. 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.