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35 Spence Terrace

Name: 35, Spence Terrace, North Shields, NE29
Address: Spence Terrace, North Shields, NE29, NE29 0JE

House Prices / North East, North Tyneside, Spence Terrace

Last update: Sep 2024

35 Spence Terrace

House Prices / North East, North Tyneside, Spence Terrace

Last update: Sep 2024

Building Overview

of 35 Spence Terrace

35, Spence Terrace, North Shields, NE29 is a residential building located on Spence Terrace, North Shields, NE29. It is the 234th 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.

35A, Spence Terrace, North Shields, NE29 0JE

2 bed period flat

35, Spence Terrace, North Shields, NE29 0JE

2 bed period flat

Average property prices

in 35, Spence Terrace, North Shields, NE29

The average house value is £102,091. Sales values have increased in the last 12 months by 1.9% and Rental values have increased by 8.3%.

Property sale values range from £76,382 for a leasehold flat, with 2 bedrooms split across 688 square feet of gross internal area and has a garden to £122,380 for a leasehold flat, with 3 bedrooms split across 958 square feet of gross internal area and has a garden.

Average £/ft² for properties in 35, Spence Terrace, North Shields, NE29 is £149/ft².

Properties achieve a rental yield of between 8.5% and 9.2%, and rental values range from £564 to £862 per month.

Sale value change

12 months

1.9%

Rental value change

12 months

8.3%

Recent sales

within 35, Spence Terrace, North Shields, NE29

The last sale was 18 Apr 2023 for £75,000 and since then the market in the area has increased by 0%. The building has had a total of 4 sales since 1995.

35, Spence Terrace, North Shields, NE29 has seen 2 sales in the last three years and no sales in the last twelve months.

7, Spence Terrace, North Shields, NE29 0JD

£75,000

Apr-2023

Sold

Apr-2023

15, Spence Terrace, North Shields, NE29 0JD

£176,400

Dec-2022

Sold

Dec-2022

17, Spence Terrace, North Shields, NE29 0JD

£73,500

Dec-2020

Sold

Dec-2020

7, Spence Terrace, North Shields, NE29 0JD

£70,000

Sep-2020

Sold

Sep-2020

Property types

in 35, Spence Terrace, North Shields, NE29

35, Spence Terrace, North Shields, NE29 is a residential building located on Spence Terrace, North Shields, NE29 with 2 flats.

The most common property type in 35, Spence Terrace, North Shields, NE29 is a period flat built between 1800 and 1911.

period flat (2)

Energy Efficiency

of properties within 35, Spence Terrace, North Shields, NE29

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

A (0)

E (5)

B (0)

F (1)

C (9)

G (0)

D (22)

No EPC (6)

Schools nearby

to 35, Spence Terrace, North Shields, NE29

The nearest primary school to 35, Spence Terrace, North Shields, NE29 is Waterville Primary School which is 600 metres away and is rated Good by Ofsted.

600 m

Waterville Primary School

Good

700 m

Christ Church CofE Primary School

Good

900 m

St Joseph's Catholic Primary School, North Shields

Good

The nearest secondary school is Norham High School which is 1.1 kilometres away and is rated Good by Ofsted.

1.1 km

Norham High School

Good

1.7 km

St Thomas More Catholic High School

Good

2.3 km

Marden High School

Good

Source: Ofsted (2016)

Public transport nearby

to 35, Spence Terrace, North Shields, NE29

The closest station to 35, Spence Terrace, North Shields, NE29 is Northumberland Park (Tyne & Wear) station which is 4.9 kilometres away.

4.9 km

Northumberland Park (Tyne & Wear)

9.0 km

Heworth

9.1 km

Seaton Delaval

10.3 km

Manors

Source: National Rail

Risk of flooding

for 35, Spence Terrace, 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 47.0% of property is privately owned outright and 31.3% is privately owned with a mortgage.

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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 12.2% of residents are recorded as possessing school level qualifications and 35.2% 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 35, Spence Terrace, North Shields, NE29

Average age

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

In the area around 35, Spence Terrace, North Shields, NE29, the average age was 45.2 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 1.2% 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, there are an average of 1.2 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 35, Spence Terrace, 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 47.0% of property is privately owned outright and 31.3% is privately owned with a mortgage.

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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 12.2% of residents are recorded as possessing school level qualifications and 35.2% 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 35, Spence Terrace, North Shields, NE29

Average age

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

In the area around 35, Spence Terrace, North Shields, NE29, the average age was 45.2 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, 1.2% 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 35, Spence Terrace, North Shields, NE29

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

In the area around 35, Spence Terrace, North Shields, NE29, there are an average of 1.2 cars per household.

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

Source: ONS Census (2021)