Spence Terrace - NE29 0JE
Key Postcode Insights
NE29 0JE is a residential postcode situated on Spence Terrace, North Shields, NE29 with 14 addresses.
It ranks as the 343rd largest and 190th most expensive of the 882 postcodes in the NE29 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £119,836
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £784pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
NE29 0JE is a residential postcode situated on Spence Terrace, North Shields, NE29 with 14 addresses.
It ranks as the 343rd largest and 190th most expensive of the 882 postcodes in the NE29 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £119,836
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £784pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin NE29 0JE
- 32 Spence Terrace
Building  |  2 Flats
- 33A Spence Terrace
2 Bed Mid-century Flat
- 34 Spence Terrace
Unknown
- 35 Spence Terrace
Building  |  2 Flats
- 37 Spence Terrace
Building  |  2 Flats
Sales Market Trends
The last sale in NE29 0JE sold for £120,000 on 3rd May 2019. Since then prices are up an average of 28.5%.
The current average value in the postcode is £119,836.
The NE29 0JE Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £119,836 |
| June 2025 | 5.6% | £120,603 |
| June 2024 | 2.3% | £114,229 |
| June 2023 | 6.3% | £111,609 |
| June 2022 | 8.2% | £105,008 |
| June 2021 | 4.6% | £97,095 |
| June 2020 | 0.7% | £92,824 |
| June 2019 | 1.2% | £92,154 |
| June 2018 | -0.5% | £91,036 |
| June 2017 | 4.6% | £91,482 |
| June 2016 | -2.1% | £87,462 |
| June 2015 | 1.9% | £89,367 |
| June 2014 | 1.5% | £87,732 |
| June 2013 | 1.6% | £86,449 |
| June 2012 | 1.9% | £85,124 |
| June 2011 | -1.6% | £83,522 |
| June 2010 | 4% | £84,851 |
| June 2009 | -12.4% | £81,606 |
| June 2008 | -3.9% | £93,181 |
| June 2007 | 0% | £97,010 |
Rental Market Trends
The current average rental value in the postcode is £784.
The NE29 0JE Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £784pcm |
| June 2025 | 2.1% | £767pcm |
| June 2024 | 10.5% | £751pcm |
| June 2023 | 9.9% | £680pcm |
| June 2022 | 8% | £619pcm |
| June 2021 | 4.6% | £573pcm |
| June 2020 | 2.5% | £548pcm |
| June 2019 | -0.8% | £535pcm |
| June 2018 | -1.2% | £539pcm |
| June 2017 | -0.7% | £546pcm |
| June 2016 | 0.7% | £549pcm |
| June 2015 | 0.8% | £546pcm |
| June 2014 | -0.3% | £542pcm |
| June 2013 | 0.8% | £543pcm |
| June 2012 | 0.4% | £539pcm |
| June 2011 | 1.9% | £537pcm |
| June 2010 | 0.8% | £528pcm |
| June 2009 | -5.9% | £524pcm |
| June 2008 | 3.5% | £556pcm |
| June 2007 | 0% | £537pcm |
Sales History
The last sale was on 3rd May 2019 for £120,000 and since then the market in the area has increased by 28.5%. The postcode has had a total of 4 sales since 1995.
NE29 0JE has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2019£120,000 | 4 Bed House34, Spence Terrace, North Shields, NE29 0JE34, Spence Terrace, North Shields, NE29 0JE
- Sold Dec 2017£88,150 | 2 Bed Flat32, Spence Terrace, North Shields, NE29 0JE32, Spence Terrace, North Shields, NE29 0JE
- Sold Mar 2008£90,000 | 2 Bed Flat40A, Spence Terrace, North Shields, NE29 0JE40A, Spence Terrace, North Shields, NE29 0JE
- Sold Jul 2003£70,000 | 4 Bed House34, Spence Terrace, North Shields, NE29 0JE34, Spence Terrace, North Shields, NE29 0JE
Nearby Postcodes
NE29 0JE is the 343rd largest and the 190th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 0JD, Spence Terrace, North Shields, NE29NE29 0JD29 Addresses|36 m away
- NE29 0JQ, Spring Gardens, North Shields, NE29NE29 0JQ44 Addresses|77 m away
- NE29 0EG, Hopper Street West, North Shields, NE29NE29 0EG23 Addresses|92 m away
- NE29 0JF, Hawkeys Lane, North Shields, NE29NE29 0JF19 Addresses|92 m away
- NE29 0EP, Chirton West View, North Shields, NE29NE29 0EP51 Addresses|99 m away
Property Types
- 1 period house built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 1 mid-century flat built between 1936 and 1979
- 2 other addresses of unknown type
- period house (1)
- period flat (10)
- mid-century flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (2)
- G (0)
- D (7)
- No EPC (3)
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 | 2 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 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
