60 Faraday Grove

    60, FARADAY GROVE, GATESHEAD, NE8 4UL

    This flat/maisonette leasehold property on Faraday Grove last sold in July 2010 for £67,500. Based on price growth in the NE8 district since then, its estimated current value is £87,610 — placing it in the 2nd percentile nationally and the 23rd percentile within NE8. The property covers 67 m² (721 sq ft), giving an estimated value of £1,308 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £67,500

    Jul 2010

    Estimated Valuation

    £87,610

    Est. £/sq ft

    £122/sq ft

    £1,308/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2010

    £67,500

    23 Jun 2003

    £32,950

    Key Metrics

    Estimated valuation£87,610
    Value per sq ft / m²£122/sq ft (£1,308/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile23rd percentile
    National percentile2nd percentile

    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

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

    More properties in NE8

    Streets in NE8

    Explore nearby