Type
Flat/Maisonette
Tenure
Leasehold
Floor Area
732 sq ft
68 m²
Last Sale Price
£62,000
Feb 2015
Estimated Valuation
£77,813
Est. £/sq ft
£106/sq ft
£1,144/m²
Property Details
TypeFlat/Maisonette
TenureLeasehold
Built formMid-Terrace
Construction ageEngland and Wales: before 1900
Habitable rooms4
Main fuelmains gas (not community)
EPC currentC
EPC potentialC
Floor area732 sq ft (68 m²)
EPC dateJul 2012
WallsSolid brick, as built, no insulation (assumed)
HeatingBoiler and radiators, mains gas
Transaction History
11 Feb 2015
£62,000
Key Metrics
Estimated valuation£77,813
Value per sq ft / m²£106/sq ft (£1,144/m²)
Estimated gross yieldNot available
Implied monthly rentNot available
NE8 district percentile16th percentile
National percentile1st percentile
Other Properties on Faraday Grove
31Flat/Maisonette
£78,000
May 2026
76Flat/Maisonette
£100,000
Mar 2025
23Flat/Maisonette
£55,000
Oct 2023
35Flat/Maisonette
£69,000
Apr 2023
8Terraced
£72,500
Sept 2022
4Flat/Maisonette
£83,500
Aug 2022
106Flat/Maisonette
£89,500
May 2022
90Flat/Maisonette
£79,000
Feb 2022
61 - 63Terraced
£116,000
Nov 2021
29Flat/Maisonette
£65,000
Nov 2021
78Flat/Maisonette
£76,950
Nov 2020
64Flat/Maisonette
£49,000
Mar 2019
District Context — NE8
NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.
Average Property Price - NE8
£157,179
4
National percentile
12 month avg at 31 Jul 2026
Average Net Household Income - NE8
£31,485
12
National percentile
2023 census data
10-Year Annualised Price Growth - NE8
2.2%
22
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - NE
4.1%
58
National percentile
Estimate at 31 Jul 2026