1, Faraday Grove - NE8 4UL
Key Building Insights
1, Faraday Grove is a residential building situated on Faraday Grove, Gateshead, NE8 with 2 addresses.
It ranks as the largest and 126th most expensive of the 431 buildings in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £92,533
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £778pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £93/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Key Building Insights
1, Faraday Grove is a residential building situated on Faraday Grove, Gateshead, NE8 with 2 addresses.
It ranks as the largest and 126th most expensive of the 431 buildings in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £92,533
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £778pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £93/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Explore Propertieson Faraday Grove, Gateshead, NE8
Sales Market Trends
The current average value in the building is £92,533.
The 1, Faraday Grove Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £92,533 |
| June 2025 | 0.1% | £91,763 |
| June 2024 | 1.7% | £91,666 |
| June 2023 | 2.5% | £90,125 |
| June 2022 | 4.1% | £87,941 |
| June 2021 | 2% | £84,481 |
| June 2020 | 0.9% | £82,808 |
| June 2019 | -1.3% | £82,068 |
| June 2018 | 2.4% | £83,173 |
| June 2017 | -0.8% | £81,197 |
| June 2016 | -0.2% | £81,827 |
| June 2015 | 0.4% | £81,985 |
| June 2014 | 1% | £81,683 |
| June 2013 | 1.2% | £80,883 |
| June 2012 | -2.7% | £79,947 |
| June 2011 | -4.7% | £82,125 |
| June 2010 | 0.2% | £86,182 |
| June 2009 | -11.8% | £86,016 |
| June 2008 | -3.8% | £97,540 |
| June 2007 | 0% | £101,372 |
Rental Market Trends
The current average rental value in the building is £778.
The 1, Faraday Grove Rental Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £778pcm |
| June 2025 | 4.3% | £755pcm |
| June 2024 | 9.7% | £724pcm |
| June 2023 | 6.6% | £660pcm |
| June 2022 | 9.3% | £619pcm |
| June 2021 | 3.6% | £567pcm |
| June 2020 | 3% | £547pcm |
| June 2019 | -0.9% | £532pcm |
| June 2018 | -0.3% | £536pcm |
| June 2017 | -0.9% | £538pcm |
| June 2016 | -0.4% | £543pcm |
| June 2015 | -0.3% | £545pcm |
| June 2014 | 0.5% | £547pcm |
| June 2013 | -1.2% | £544pcm |
| June 2012 | -1.5% | £550pcm |
| June 2011 | 1.1% | £559pcm |
| June 2010 | -0.2% | £553pcm |
| June 2009 | -5.7% | £554pcm |
| June 2008 | 0.6% | £587pcm |
| June 2007 | 0% | £583pcm |
Property Types
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2024£135,000 | 3 Bed Flat92, Faraday Grove, Gateshead, NE8 4UL92, Faraday Grove, Gateshead, NE8 4UL
- Sold Nov 2012£127,500 | 3 Bed Flat6, Faraday Grove, Gateshead, NE8 4UL6, Faraday Grove, Gateshead, NE8 4UL
- Sold Mar 2022£125,500 | 2 Bed Flat20, Faraday Grove, Gateshead, NE8 4UL20, Faraday Grove, Gateshead, NE8 4UL
Schools Nearby
- Kelvin Grove Community Primary School200 m away
- Corpus Christi Catholic Primary School, Gateshead200 m away
- Brighton Avenue Primary School600 m away
- Grace College2.1 km away
- North East Futures UTC2.2 km away
- Kingsmeadow Community School2.7 km away
More reading links
Public Transport Nearby
The closest station to 1, Faraday Grove, Gateshead, NE8 4UL is Dunston station, which is 1.9 kilometres away.
- Dunston|1.9 km away
- Newcastle|2.4 km away
- Manors|2.9 km away
- Heworth|3.6 km away
