Faraday Grove

    Ranked 187th of 209 streets in NE8 by average price

    Faraday Grove is a residential street in NE8, GATESHEAD, with 55 properties recorded in the Land Registry. The 3-year average sale price is £77,500, based on 2 transactions. Properties are predominantly flats and maisonettes. The street has 11 freehold and 44 leasehold properties. The street ranks 187th of 209 streets in NE8 by average price.

    3Y Avg Price

    £77,500

    2 sales

    Properties

    55

    11 freehold · 44 leasehold

    Sales / Year

    2.0

    5-year average

    Avg £/sq ft

    £118

    £1,268/m²

    Rank in NE8

    187th

    of 209 streets

    Last Sale

    £100,000

    Mar 2025

    Street Rankings — NE8

    Streets ranked by 3-year average sale price. Showing positions 183192 of 209.

    #Street3Y Avg
    183St Aidans Street£80,500
    184Shipley Court£80,250
    185Bolam Street£80,000
    186Chandos Street£78,500
    187Faraday Grove£77,500
    188Saltwell Place£76,875
    189Wordsworth Street£76,500
    190Richmond Court£75,500
    191Woodbine Street£75,125
    192Northbourne Street£75,000

    Property Mix

    Type

    Terraced6 (11%)
    Semi-Detached2 (4%)
    Flat/Maisonette47 (85%)

    Tenure

    Freehold11 (20%)
    Leasehold44 (80%)

    EPC Ratings

    53 of 55 properties have an EPC record

    A
    0 (0%)
    B
    0 (0%)
    C
    31 (58%)
    D
    18 (34%)
    E
    4 (8%)
    F
    0 (0%)
    G
    0 (0%)

    Avg floor area: 764 sq ft (71 m²)

    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

    Properties on Faraday Grove

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