56 Faraday Grove, Gateshead, NE8 4UL is a freehold terraced property built between 1900-1929. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.
The estimated current market value of the property is £111,848 , which equates to approximately £146 per square foot. It was last sold on 29 Aug 2002 for £40,000. Since then, the value has increased by £71,848, representing a 179.6% increase, or approximately 7.7% per year.
The current estimated value of £111,848 is:
This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.
At the most recent EPC inspection on 8 July 2024, the property was recorded as rented.
56 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 8 Jul 2024.
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 16 Dec 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18.5%.
Since the previous assessment, several changes were observed:
Compared to other properties in NE8 4UL , this flat's estimated value ranks 15th out of 59. Based on price per square foot, it ranks 11th out of 54 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 15th out of 54 properties in its postcode area.
The property at 56 Faraday Grove, Gateshead, NE8 4UL appears two times in the Land Registry records, with the latest transaction recorded on 29 Aug 2002. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jul 2024. We use this data, to estimate the property's characteristics and current market value.
This website uses public sector information from:HM Land Registry Price Paid Data, and
Energy Performance of Buildings Data published by the Department for Levelling Up, Housing and Communities (DLUHC), formerly the Ministry of Housing, Communities & Local Government (MHCLG).
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.