1 Spencer StreetHouse Prices / North East, North Tyneside, Spencer Street, NE29 6RF
Key Building Insights
1 Spencer Street is a residential building situated on Spencer Street, North Shields, NE29 with 2 addresses.
It ranks as the 6th largest and 50th most expensive of the 332 buildings in the NE29 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
1 Spencer Street is a residential building situated on Spencer Street, North Shields, NE29 with 2 addresses.
It ranks as the 6th largest and 50th most expensive of the 332 buildings in the NE29 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 1 Spencer Street
Sale prices range from £62,164 for 2 bedroom leasehold flats (473 ft2) to £86,060 for 3 bedroom leasehold flats with a garden (1,001 ft2) .
Monthly rental prices range from £472 pcm for 2 bed flats to £556 pcm for 3 bed flats.
The gross rental yield is between 7.7% and 9.1%.
The average value per square foot is £109.
Sales Market Trendsin 1 Spencer Street
The last sale in 1 Spencer Street sold for £52,000 on 5th June 2024. Since then prices are up an average of 34.7%.
The current average value in the building is £74,112.
The 1 Spencer Street Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £74,112 |
| May 2025 | 4.5% | £74,010 |
| May 2024 | 2.5% | £70,847 |
| May 2023 | 5.6% | £69,145 |
| May 2022 | 7.6% | £65,477 |
| May 2021 | 4.3% | £60,853 |
| May 2020 | 1% | £58,351 |
| May 2019 | 0% | £57,777 |
| May 2018 | -0.2% | £57,797 |
| May 2017 | 2.8% | £57,904 |
| May 2016 | -0.5% | £56,338 |
| May 2015 | 1% | £56,645 |
| May 2014 | 1.1% | £56,072 |
| May 2013 | 0.5% | £55,457 |
| May 2012 | -0.1% | £55,184 |
| May 2011 | -1.8% | £55,223 |
| May 2010 | 1% | £56,242 |
| May 2009 | -13.5% | £55,686 |
| May 2008 | -2.3% | £64,378 |
| May 2007 | 0% | £65,901 |
Rental Market Trendsin 1 Spencer Street
The current average rental value in the building is £514.
The 1 Spencer Street Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £514pcm |
| May 2025 | 2.6% | £504pcm |
| May 2024 | 10.9% | £491pcm |
| May 2023 | 8.9% | £443pcm |
| May 2022 | 8.2% | £407pcm |
| May 2021 | 4.5% | £376pcm |
| May 2020 | 1.3% | £360pcm |
| May 2019 | -1.5% | £355pcm |
| May 2018 | -1.9% | £361pcm |
| May 2017 | -1% | £368pcm |
| May 2016 | 0.2% | £371pcm |
| May 2015 | 0% | £371pcm |
| May 2014 | -1.3% | £371pcm |
| May 2013 | -0.1% | £375pcm |
| May 2012 | 0.6% | £376pcm |
| May 2011 | 0.6% | £373pcm |
| May 2010 | -2.1% | £371pcm |
| May 2009 | -7% | £379pcm |
| May 2008 | 3.2% | £408pcm |
| May 2007 | 0% | £395pcm |
Explore Propertiesin 1, Spencer Street, North Shields, NE29 6RF
Sales Historyin 1, Spencer Street, North Shields, NE29 6RF
The last sale was on 5th June 2024 for £52,000 and since then the market in the area has increased by 34.7%. The building has had a total of 4 sales since 1995.
1, Spencer Street, North Shields, NE29 6RF has seen 2 sales in the last three years and no sales in the last twelve months.
Property Typesin 1 Spencer Street
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiencyof properties in 1 Spencer Street
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Spencer Street, North Shields, NE29
Schools Nearby
- 200mSt Cuthbert's Catholic Primary School, North Shields
- 400mWaterville Primary School
- 700mSpring Gardens Primary School
- 1.5kmNorham High School
- 1.9kmJohn Spence Community High School
- 2.2kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
The closest station to 1, Spencer Street, North Shields, NE29 6RF is Northumberland Park (Tyne & Wear) station, which is 5.4 kilometres away.
- 5.4kmNorthumberland Park (Tyne & Wear)
- 9.1kmHeworth
- 9.6kmSeaton Delaval
- 10.6kmManors
