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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
32, Spence Terrace, North Shields, NE29 0JE
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32 Spence TerraceHouse Prices / North East, North Tyneside, Spence Terrace, NE29 0JE
Last updated Jun 2026
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 and 165th most expensive of the 332 buildings in the NE29 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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 and 165th most expensive of the 332 buildings in the NE29 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 32 Spence Terrace
Sale prices range from £85,452 for 2 bedroom leasehold flats with a garden (752 ft2) to £108,305 for 2 bedroom leasehold flats with a garden (752 ft2) .
Monthly rental prices range from £610 pcm for 2 bed flats to £737 pcm for 2 bed flats.
The gross rental yield is between 8.2% and 8.6%.
The average value per square foot is £129.
Average Sale Value
£96,878
Average Rental Value
£673 pcm
Average Rental Yield
8.3% /year
Average Value Per Sqft
£129 /ft2
Sales Market Trendsin 32 Spence Terrace
The last sale in 32 Spence Terrace sold for £88,150 on 15th December 2017. Since then prices are up an average of 28.8%.
The current average value in the building is £96,878.
The 32 Spence Terrace Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £96,878 |
| May 2025 | 5.1% | £95,498 |
| May 2024 | 1.9% | £90,839 |
| May 2023 | 7.1% | £89,116 |
| May 2022 | 7.3% | £83,175 |
| May 2021 | 3.8% | £77,520 |
| May 2020 | 0.8% | £74,717 |
| May 2019 | 0.3% | £74,121 |
| May 2018 | -0.3% | £73,924 |
| May 2017 | 3.9% | £74,129 |
| May 2016 | -2.3% | £71,353 |
| May 2015 | 1% | £73,005 |
| May 2014 | 1.3% | £72,249 |
| May 2013 | 1.3% | £71,347 |
| May 2012 | 1.1% | £70,450 |
| May 2011 | -1.8% | £69,686 |
| May 2010 | 2% | £70,957 |
| May 2009 | -14.1% | £69,582 |
| May 2008 | -2.9% | £81,017 |
| May 2007 | 0% | £83,420 |
Rental Market Trendsin 32 Spence Terrace
The current average rental value in the building is £673.
The 32 Spence Terrace Rental Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £673pcm |
| May 2025 | 2% | £655pcm |
| May 2024 | 10.7% | £642pcm |
| May 2023 | 9.4% | £580pcm |
| May 2022 | 7.6% | £530pcm |
| May 2021 | 4.4% | £493pcm |
| May 2020 | 1.7% | £472pcm |
| May 2019 | -1.1% | £464pcm |
| May 2018 | -1.8% | £469pcm |
| May 2017 | -0.8% | £478pcm |
| May 2016 | 0.1% | £481pcm |
| May 2015 | 0.2% | £481pcm |
| May 2014 | -0.9% | £480pcm |
| May 2013 | 0.4% | £484pcm |
| May 2012 | 0.6% | £482pcm |
| May 2011 | 1.2% | £480pcm |
| May 2010 | -1.2% | £474pcm |
| May 2009 | -6.6% | £480pcm |
| May 2008 | 3.1% | £514pcm |
| May 2007 | 0% | £498pcm |
Explore Propertiesin 32, Spence Terrace, North Shields, NE29 0JE
Sales Historyin 32, Spence Terrace, North Shields, NE29 0JE
The last sale was on 15th December 2017 for £88,150 and since then the market in the area has increased by 28.8%. The building has had a total of 1 sales since 1995.
32, Spence Terrace, North Shields, NE29 0JE has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 32 Spence Terrace
- 1 flat of an unknown age
- 1 other address of unknown type
- flat (1)
- Unknown (1)
Energy Efficiencyof properties in 32 Spence Terrace
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Spence Terrace, North Shields, NE29
Schools Nearbyto 32, Spence Terrace, North Shields, NE29 0JE
The nearest primary school to 32, Spence Terrace, North Shields, NE29 0JE is St Cuthbert's Catholic Primary School, North Shields which is 300 metres away.
- 300mSt Cuthbert's Catholic Primary School, North Shields
- 300mSpring Gardens Primary School
- 600mWaterville Primary School
The nearest secondary school is Norham High School which is 1.1 kilometres away.
- 1.1kmNorham High School
- 1.5kmJohn Spence Community High School
- 1.7kmSt Thomas More Catholic High School
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Public Transport Nearbyto 32, Spence Terrace, North Shields, NE29 0JE
The closest station to 32, Spence Terrace, North Shields, NE29 0JE is Northumberland Park (Tyne & Wear) station which is 4.9 kilometres away.
- 4.9kmNorthumberland Park (Tyne & Wear)
- 9.0kmHeworth
- 9.1kmSeaton Delaval
- 10.3kmManors
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