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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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11, Spenser Walk, South Shields is described in the public record as an early-century apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 11, Spenser Walk, South Shields is £35,801 and its rental estimate is £359 per month, given the available information and assuming reasonable condition.
Spenser Walk, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
11, Spenser Walk, South Shields has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Spenser Walk, South Shields, we estimate a market value of £37,591 and a rental value of £376 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £33,295 and £333 per month respectively.
Over the last year, 11, Spenser Walk, South Shields has seen its estimated sale value drop by £137 (0.4%) and its estimated rental value rise by £9 per month (2.6%). This results in an estimated gross rental yield of 12.0%.
11, Spenser Walk, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 530 metres of 11, Spenser Walk, South Shields, per the Land Registry and our network of Estate Agents.
The latest, on the 21st October 2019, was 19, Spenser Walk, South Shields, NE34 9NF, a freehold house which sold for £78,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Spenser Walk, South Shields, NE34, 11, Spenser Walk, South Shields comes out as the 31st largest and the 32nd most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the NE34 district.
From 11, Spenser Walk, South Shields, the nearest station is Heworth, 6.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Spenser Walk, South Shields, 39.4% of property is socially rented and 28.5% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Spenser Walk, South Shields, 19.3% of residents are recorded as possessing school level qualifications and 16.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Spenser Walk, South Shields, the average age was 36.7 and the most common age was 2.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Spenser Walk, South Shields, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Spenser Walk, South Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
