55 Faraday Grove

    55, FARADAY GROVE, GATESHEAD, GATESHEAD, NE8 4UL

    This flat/maisonette freehold property on Faraday Grove last sold in December 2005 for £14,000. Based on price growth in the NE8 district since then, its estimated current value is £17,695 — placing it in the 0th percentile nationally and the 0th percentile within NE8. The property covers 64 m² (689 sq ft), giving an estimated value of £276 per m². The EPC rating is C, with a potential rating of C.

    See wider trends for Faraday Grove →

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £14,000

    Dec 2005

    Estimated Valuation

    £17,695

    Est. £/sq ft

    £26/sq ft

    £276/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateApr 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2005

    £14,000

    13 Jun 2005

    £72,500

    Key Metrics

    Estimated valuation£17,695
    Value per sq ft / m²£26/sq ft (£276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile0th percentile
    National percentile0th percentile

    District Context — NE8

    See wider trends for 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

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