6 Faraday Grove, Gateshead, NE8 4UL is a leasehold flat built between 1900-1929. The property offers approximately 721 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 £81,864 , which equates to approximately £114 per square foot. It was last sold on 25 Apr 2023 for £80,000. Since then, the value has increased by £1,864, representing a 2.3% increase, or approximately 0.9% per year.

The current estimated value of £81,864 is:

  • 1.2% lower than the average property price on Faraday Grove
  • 0.1% higher than the average in the NE8 4UL postcode area
  • and 53.6% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 23 December 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
721 sq ft
Tenure
Leasehold
Price (estimate)
£81,864
Price Per sq ft (estimate)
£114
Bedroom Count (estimate)
2 bedrooms

EPC Summary

6 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 23 Dec 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.

The previous EPC assessment was conducted on 26 Oct 2012. The rating of D remains the same, but the energy efficiency score improved by 6.3%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4UL

2 nd / 59
Price Rank
0% same as average
35 th / 54
Size Rank
7% smaller than average
1 st / 54
Price Per Sq FT Rank
8% higher than average

Compared to other properties in NE8 4UL , this flat's estimated value ranks 2nd out of 59. Based on price per square foot, it ranks 1st 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 35th out of 54 properties in its postcode area.

Sale History

Today
£81,864
streetscan.co.uk estimate
+2 %
25 Apr 2023
£80,000
Leasehold
-37.3 %
13 Nov 2012
£127,500
Leasehold
+82.1 %
6 Feb 2004
£70,000
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: 4
size: 721 sq ft
sale price: £39,950
sale date: 26 Oct 2022

Data Sources

The property at 6 Faraday Grove, Gateshead, NE8 4UL appears three times in the Land Registry records, with the latest transaction recorded on 25 Apr 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Dec 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.