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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
41, Spence Terrace, North Shields, NE29 0JE
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41 Spence TerraceHouse Prices / North East, North Tyneside, Spence Terrace, NE29 0JE
Last updated Jun 2026
Key Building Insights
41 Spence Terrace is a residential building situated on Spence Terrace, North Shields, NE29 with 2 addresses.
It ranks as the 141st largest and 202nd 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.
2
Properties
- Flats
Key Building Insights
41 Spence Terrace is a residential building situated on Spence Terrace, North Shields, NE29 with 2 addresses.
It ranks as the 141st largest and 202nd 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.
2
Properties
- Flats
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House Pricesin 41 Spence Terrace
Sale prices range from £95,382 for 2 bedroom leasehold flats (559 ft2) to £121,829 for 3 bedroom leasehold flats with a garden (957 ft2) .
Monthly rental prices range from £696 pcm for 2 bed flats to £790 pcm for 3 bed flats.
The gross rental yield is between 7.8% and 8.8%.
The average value per square foot is £149.
Average Sale Value
£108,605
Average Rental Value
£743 pcm
Average Rental Yield
8.2% /year
Average Value Per Sqft
£149 /ft2
Sales Market Trendsin 41 Spence Terrace
The current average value in the building is £108,605.
The 41 Spence Terrace Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1% | £108,605 |
| May 2025 | 5% | £107,553 |
| May 2024 | 2% | £102,419 |
| May 2023 | 6.9% | £100,385 |
| May 2022 | 6.8% | £93,902 |
| May 2021 | 3.5% | £87,903 |
| May 2020 | 0.7% | £84,963 |
| May 2019 | 0.2% | £84,348 |
| May 2018 | -0.6% | £84,188 |
| May 2017 | 3.8% | £84,689 |
| May 2016 | -2% | £81,626 |
| May 2015 | 1.2% | £83,265 |
| May 2014 | 1.5% | £82,286 |
| May 2013 | 1.3% | £81,038 |
| May 2012 | 1% | £80,017 |
| May 2011 | -1.5% | £79,234 |
| May 2010 | 2.5% | £80,444 |
| May 2009 | -14% | £78,513 |
| May 2008 | -2.9% | £91,344 |
| May 2007 | 0% | £94,082 |
Rental Market Trendsin 41 Spence Terrace
The current average rental value in the building is £743.
The 41 Spence Terrace Rental Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £743pcm |
| May 2025 | 1.9% | £726pcm |
| May 2024 | 10.8% | £712pcm |
| May 2023 | 9.1% | £643pcm |
| May 2022 | 7.1% | £589pcm |
| May 2021 | 4.1% | £550pcm |
| May 2020 | 1.7% | £528pcm |
| May 2019 | -1.2% | £520pcm |
| May 2018 | -2.1% | £526pcm |
| May 2017 | -0.9% | £537pcm |
| May 2016 | 0.4% | £542pcm |
| May 2015 | 0.3% | £540pcm |
| May 2014 | -0.6% | £538pcm |
| May 2013 | 0.4% | £541pcm |
| May 2012 | 0.5% | £539pcm |
| May 2011 | 1.5% | £537pcm |
| May 2010 | -0.7% | £529pcm |
| May 2009 | -6.5% | £533pcm |
| May 2008 | 3% | £570pcm |
| May 2007 | 0% | £553pcm |
Explore Propertiesin 41, Spence Terrace, North Shields, NE29 0JE
Property Typesin 41 Spence Terrace
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiencyof properties in 41 Spence Terrace
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Spence Terrace, North Shields, NE29
Schools Nearbyto 41, Spence Terrace, North Shields, NE29 0JE
The nearest primary school to 41, 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 41, Spence Terrace, North Shields, NE29 0JE
The closest station to 41, 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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