32, Spence Terrace - NE29 0JE
Key Building Insights
32, Spence Terrace is a residential building situated on Spence Terrace, North Shields, NE29 with 2 addresses.
It ranks as the 111th largest of the 332 buildings in the NE29 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £103,137
- 10 Year change
- up 39.2%
- Ave. Rental Price
- £740pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Building Insights
32, Spence Terrace is a residential building situated on Spence Terrace, North Shields, NE29 with 2 addresses.
It ranks as the 111th largest of the 332 buildings in the NE29 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £103,137
- 10 Year change
- up 39.2%
- Ave. Rental Price
- £740pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Properties on Spence Terrace, North Shields, NE29
- 32A Spence Terrace
Period Flat
- 32 Spence Terrace
2 Bed Flat
Sales Market Trends
The last sale in 32, Spence Terrace sold for £88,150 on 15th December 2017. Since then prices are up an average of 32.1%.
The current average value in the building is £103,137.
The 32, Spence Terrace Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.7% | £103,137 |
| July 2025 | 4.5% | £99,443 |
| July 2024 | 3.4% | £95,164 |
| July 2023 | 4.2% | £92,054 |
| July 2022 | 8.1% | £88,356 |
| July 2021 | 4.3% | £81,750 |
| July 2020 | 0.7% | £78,401 |
| July 2019 | 1.8% | £77,874 |
| July 2018 | -1.2% | £76,472 |
| July 2017 | 4.5% | £77,414 |
| July 2016 | -2.6% | £74,084 |
| July 2015 | 1.3% | £76,097 |
| July 2014 | 1.5% | £75,126 |
| July 2013 | 0.7% | £74,038 |
| July 2012 | 1.8% | £73,490 |
| July 2011 | -0.8% | £72,171 |
| July 2010 | 3% | £72,740 |
| July 2009 | -13.1% | £70,616 |
| July 2008 | -5.7% | £81,249 |
| July 2007 | 0% | £86,157 |
Rental Market Trends
The current average rental value in the building is £740.
The 32, Spence Terrace Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 6.3% | £740pcm |
| July 2025 | 0.8% | £697pcm |
| July 2024 | 10.6% | £691pcm |
| July 2023 | 9.4% | £625pcm |
| July 2022 | 7.8% | £571pcm |
| July 2021 | 3.8% | £530pcm |
| July 2020 | 3.1% | £511pcm |
| July 2019 | -1% | £495pcm |
| July 2018 | -1.3% | £500pcm |
| July 2017 | -1.1% | £507pcm |
| July 2016 | 0.2% | £513pcm |
| July 2015 | -0.1% | £511pcm |
| July 2014 | -0.3% | £512pcm |
| July 2013 | 0.5% | £513pcm |
| July 2012 | 0.2% | £511pcm |
| July 2011 | 1.6% | £510pcm |
| July 2010 | 0.3% | £502pcm |
| July 2009 | -7% | £501pcm |
| July 2008 | 2.6% | £538pcm |
| July 2007 | 0% | £525pcm |
Sales History
The last recorded sale was on 15th December 2017 for £88,150 and since then the market in the area has increased by 32.1%.
32, Spence Terrace, North Shields, NE29 0JE has had 1 sale since 1995, none of them in the last three years.
- Sold Dec 2017£88,150 | 2 Bed Flat32, Spence Terrace, North Shields, NE29 0JE32, Spence Terrace, North Shields, NE29 0JE
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2022£176,400 | 3 Bed House15, Spence Terrace, North Shields, NE29 0JD15, Spence Terrace, North Shields, NE29 0JD
- Sold Aug 2020£135,000 | 3 Bed House15, Spence Terrace, North Shields, NE29 0JD15, Spence Terrace, North Shields, NE29 0JD
- Sold Nov 2011£125,000 | 3 Bed Flat12, Spence Terrace, North Shields, NE29 0JD12, Spence Terrace, North Shields, NE29 0JD
Schools Nearby
- St Cuthbert's Catholic Primary School, North Shields300 m away
- Spring Gardens Primary School300 m away
- Waterville Primary School600 m away
- Norham High School1.1 km away
- John Spence Community High School1.5 km away
- St Thomas More Catholic High School1.7 km away
More reading links
Public Transport Nearby
The closest station to 32, Spence Terrace, North Shields, NE29 0JE is Northumberland Park (Tyne & Wear) station, which is 4.9 kilometres away.
- Northumberland Park (Tyne & Wear)|4.9 km away
- Heworth|9.0 km away
- Seaton Delaval|9.1 km away
- Manors|10.3 km away
