18 Faraday Grove, Gateshead, NE8 4UL is a leasehold flat built between 1900-1929. The property offers approximately 732 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 £85,957 , which equates to approximately £117 per square foot. It was last sold on 8 Feb 2008 for £88,000. Since then, the value has decreased by £2,043, representing a 2.3% decrease, or approximately 0.1% per year.

The current estimated value of £85,957 is:

  • 3.8% higher than the average property price on Faraday Grove
  • 5.1% higher than the average in the NE8 4UL postcode area
  • and 51.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 2 June 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
732 sq ft
Tenure
Leasehold
Price (estimate)
£85,957
Price Per sq ft (estimate)
£117
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Jun 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
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE8 4UL

27 th / 59
Price Rank
5% higher than average
29 th / 54
Size Rank
6% smaller than average
22 nd / 54
Price Per Sq FT Rank
12% higher than average

Compared to other properties in NE8 4UL , this flat's estimated value ranks 27th out of 59. Based on price per square foot, it ranks 22th out of 54 properties. In terms of size, this home ranks 29th out of 54 properties in its postcode area.

Sale History

Today
£85,957
streetscan.co.uk estimate
-2 %
8 Feb 2008
£88,000
Leasehold
+7.3 %
15 Mar 2007
£82,000
Leasehold
+244.5 %
27 Oct 1995
£23,800
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 18 Faraday Grove, Gateshead, NE8 4UL appears three times in the Land Registry records, with the latest transaction recorded on 8 Feb 2008. It also has a single Energy Performance Certificate (EPC) from 2 Jun 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.