28 Faraday Grove, Gateshead, NE8 4UL is a leasehold semi-detached property built between 1900-1929. The property offers approximately 1,066 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £119,368 , which equates to approximately £112 per square foot. It was last sold on 10 Sep 2004 for £81,000. Since then, the value has increased by £38,368, representing a 47.4% increase, or approximately 2.2% per year.

The current estimated value of £119,368 is:

  • 44.1% higher than the average property price on Faraday Grove
  • 45.9% higher than the average in the NE8 4UL postcode area
  • and 32.4% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 26 November 2021, 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
1066 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£119,368
Price Per sq ft (estimate)
£112
Bedroom Count (estimate)
3 bedrooms

EPC Summary

28 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 26 Nov 2021.

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 29 Sep 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 26.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, no insulation, changing energy efficiency from very good 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 changed from low energy lighting in 70% of fixed outlets to low energy lighting in 89% of fixed outlets, with no change in efficiency (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 89% of fixed outlets
Very Good

Compared to NE8 4UL

11 th / 59
Price Rank
46% higher than average
3 rd / 54
Size Rank
37% bigger than average
26 th / 54
Price Per Sq FT Rank
7% higher than average

Compared to other properties in NE8 4UL , this flat's estimated value ranks 11th out of 59. Based on price per square foot, it ranks 26th out of 54 properties. In terms of size, this home ranks 3rd out of 54 properties in its postcode area.

Sale History

Today
£119,368
streetscan.co.uk estimate
+47 %
10 Sep 2004
£81,000
Leasehold

Area Insights

Nearby Properties

29 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 732 sq ft
sale price: £65,000
sale date: 2 Nov 2021
26 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 689 sq ft
sale price: £26,700
sale date: 17 Feb 2003
30 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 710 sq ft
sale price: £68,000
sale date: 4 Jul 2005
31 Faraday Grove, Gateshead, NE8 4UL
rooms: 3
size: 689 sq ft
sale price: £70,000
sale date: 8 Sep 2005
24 Faraday Grove, Gateshead, NE8 4UL
rooms: 4
size: 743 sq ft
sale price: £22,000
sale date: 12 Apr 2002

Data Sources

The property at 28 Faraday Grove, Gateshead, Tyne And Wear, NE8 4UL appears once in the Land Registry records, with the transaction recorded on 10 Sep 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Nov 2021. 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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