According to the public record, 26, Spence Terrace, North Shields is a period house with 1,162 ft2 of internal area and sits on a 120 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spence Terrace, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
26, Spence Terrace, North Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 26 Spence Terrace North Shields as £179,698 and the rental value as £1,095 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 26 Spence Terrace North Shields has increased by £2,104 (1.2%) and its rental value has increased by £79 per month (7.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 26, Spence Terrace, North Shields is in very good condition we estimate a sale value of £188,683 and rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,119 and a rental value of £1,018 per month.
If you were able to purchase this property for the estimated value of £179,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £883 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 26, Spence Terrace, North Shields sits on a plot of 120m2.
We have plot size data on 4 out of 5 other houses in the postcode and 26, Spence Terrace, North Shields sits on the 13th largest plot.
According to HM Land Registry, 26, Spence Terrace, North Shields was last sold on 22 Nov 1996 for £40,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Spence Terrace, North Shields within a radius of 420 metres over the last 2 years.
The most recent example is 12, Ashfield Grove, North Shields, NE29 0HS, a Freehold house which sold for £140,000 in Apr 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spence Terrace, North Shields, NE29 has a total of 43 addresses. According to our analysis of all the public data, 26, Spence Terrace, North Shields is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in NE29.
26, Spence Terrace, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 26, Spence Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 4.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 26, Spence Terrace, North Shields, 51.6% of property is privately rented and 25.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 26, Spence Terrace, North Shields, 16.2% of residents are recorded as possessing school level qualifications and 32.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 26, Spence Terrace, North Shields, the average age was 44 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 26, Spence Terrace, North Shields, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 26, Spence Terrace, North Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.