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House prices on Faraday Close

Median value — July 2026

£176,494

Modelled from 39 properties Stede tracks in Faraday Close

Market snapshot

£176,494

Median value

£178,224

Average value

0

Sales in the last 12 months

+5%

Change over the past year

Value over time

  • Modelled value
£50k£100k£150k£200k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£51,053
2001£54,822
2002£65,453
2003£83,238
2004£110,778
2005£122,991
2006£131,025
2007£137,845
2008£121,807
2009£123,635
2010£118,380
2011£114,411
2012£112,709
2013£108,270
2014£107,180
2015£110,673
2016£111,882
2017£116,630
2018£116,937
2019£116,053
2020£124,472
2021£136,310
2022£151,235
2023£146,847
2024£155,522
2025£162,647
2026£164,145

There aren't enough recorded sales on Faraday Close alone to model a trend for it, so this line shows Spennymoor instead.

Property types

  • Semi-detached house54%£176,494
  • Mid-terrace house23%£167,818
  • Detached house18%£238,095
  • Flat / Maisonette5%£117,986

Recent sales

Addresses in Faraday Close

About this area

Faraday Close, in Spennymoor, is a street. Stede can model 39 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of July 2026, Faraday Close has a median estimated value of £176,494 and an average of £178,224.

Modelled values in Faraday Close are +5% over the past year and +20% over five years.

The market here is mostly semi-detached houses, which make up 54% of the properties Stede tracks in Faraday Close.

Common questions

What is the average house price in Faraday Close?

As of July 2026, the average estimated value is £178,224 and the median is £176,494 across 39 properties Stede tracks in Faraday Close. This is not a formal market valuation.

Are house prices in Faraday Close going up or down?

Modelled values in Faraday Close are +5% over the past year and +20% over five years, based on the UK House Price Index.

What types of property are in Faraday Close?

54% of the properties Stede tracks in Faraday Close are semi-detached houses. mid-terrace houses are next most common, at 23%.

How many properties are in Faraday Close?

Stede can model 39 properties in Faraday Close, with 0 recorded sales in the past 12 months.

How does Stede calculate house prices for Faraday Close?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →