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1 Spencer Street

Name: 1, Spencer Street, North Shields, NE29
Address: Spencer Street, North Shields, NE29, NE29 6RF

House Prices / North East, North Tyneside, Spencer Street

Last update: Sep 2024

1 Spencer Street

House Prices / North East, North Tyneside, Spencer Street

Last update: Sep 2024

Building Overview

of 1 Spencer Street

1, Spencer Street, North Shields, NE29 is a residential building located on Spencer Street, North Shields, NE29. It is the 21st largest building in the NE29 area.

It contains 2 flats and the most common type of property is a period flat built between 1800 and 1911.

1A, Spencer Street, North Shields, NE29 6RF

2 bed period flat

1, Spencer Street, North Shields, NE29 6RF

3 bed period flat

Average property prices

in 1, Spencer Street, North Shields, NE29

The average house value is £70,171. Sales values have increased in the last 12 months by 2.0% and Rental values have increased by 7.9%.

Property sale values range from £64,671 for a leasehold flat, with 2 bedrooms split across 474 square feet of gross internal area and has a garden to £85,580 for a leasehold flat, with 3 bedrooms split across 1,066 square feet of gross internal area and has no outside space.

Average £/ft² for properties in 1, Spencer Street, North Shields, NE29 is £104/ft².

Properties achieve a rental yield of between 8.8% and 9.7%, and rental values range from £521 to £627 per month.

Sale value change

12 months

2.0%

Rental value change

12 months

7.9%

Recent sales

within 1, Spencer Street, North Shields, NE29

The last sale was 12 Aug 2021 for £130,000 and since then the market in the area has increased by 29.2%. The building has had a total of 4 sales since 1995.

1, Spencer Street, North Shields, NE29 has seen 1 sale in the last three years and no sales in the last twelve months.

12, Spencer Street, North Shields, NE29 6RF

£130,000

Aug-2021

Sold

Aug-2021

2, Spencer Street, North Shields, NE29 6RF

£130,000

Dec-2020

Sold

Dec-2020

11, Spencer Street, North Shields, NE29 6RF

£116,000

Oct-2017

Sold

Oct-2017

12, Spencer Street, North Shields, NE29 6RF

£87,500

Jul-2014

Sold

Jul-2014

Property types

in 1, Spencer Street, North Shields, NE29

1, Spencer Street, North Shields, NE29 is a residential building located on Spencer Street, North Shields, NE29 with 2 flats.

The most common property type in 1, Spencer Street, North Shields, NE29 is a period flat built between 1800 and 1911.

period flat (2)

Energy Efficiency

of properties within 1, Spencer Street, North Shields, NE29

The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)

E (3)

B (0)

F (0)

C (10)

G (1)

D (6)

No EPC (3)

Schools nearby

to 1, Spencer Street, North Shields, NE29

The nearest primary school to 1, Spencer Street, North Shields, NE29 is Waterville Primary School which is 400 metres away and is rated Good by Ofsted.

400 m

Waterville Primary School

Good

700 m

Christ Church CofE Primary School

Good

900 m

Riverside Primary School

Good

The nearest secondary school is Norham High School which is 1.5 kilometres away and is rated Good by Ofsted.

1.5 km

Norham High School

Good

2.2 km

St Thomas More Catholic High School

Good

2.5 km

Marden High School

Good

Source: Ofsted (2016)

Public transport nearby

to 1, Spencer Street, North Shields, NE29

The closest station to 1, Spencer Street, North Shields, NE29 is Northumberland Park (Tyne & Wear) station which is 5.4 kilometres away.

5.4 km

Northumberland Park (Tyne & Wear)

9.1 km

Heworth

9.6 km

Seaton Delaval

10.6 km

Manors

Source: National Rail

Risk of flooding

for 1, Spencer Street, North Shields, NE29

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around 1, Spencer Street, North Shields, NE29

The recent census recorded whether a resident owned or rented their home.

In the area around 1, Spencer Street, North Shields, NE29, 35.0% of property is privately rented and 25.6% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around 1, Spencer Street, North Shields, NE29

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around 1, Spencer Street, North Shields, NE29, 13.2% of residents are recorded as possessing school level qualifications and 25.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around 1, Spencer Street, North Shields, NE29

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around 1, Spencer Street, North Shields, NE29, the average age was 41 and the most common age was 57.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around 1, Spencer Street, North Shields, NE29

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around 1, Spencer Street, North Shields, NE29, 0.9% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around 1, Spencer Street, North Shields, NE29

The recent census recorded the number of cars registered in each household.

In the area around 1, Spencer Street, North Shields, NE29, there are an average of 0.5 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for 1, Spencer Street, North Shields, NE29

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around 1, Spencer Street, North Shields, NE29

The recent census recorded whether a resident owned or rented their home.

In the area around 1, Spencer Street, North Shields, NE29, 35.0% of property is privately rented and 25.6% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around 1, Spencer Street, North Shields, NE29

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around 1, Spencer Street, North Shields, NE29, 13.2% of residents are recorded as possessing school level qualifications and 25.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around 1, Spencer Street, North Shields, NE29

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around 1, Spencer Street, North Shields, NE29, the average age was 41 and the most common age was 57.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around 1, Spencer Street, North Shields, NE29

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around 1, Spencer Street, North Shields, NE29, 0.9% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around 1, Spencer Street, North Shields, NE29

The recent census recorded the number of cars registered in each household.

In the area around 1, Spencer Street, North Shields, NE29, there are an average of 0.5 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)