14, Spencer Street
14, Spencer Street
Description & Estimates
14, Spencer Street, North Shields is described in the public record as a period apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 14, Spencer Street, North Shields is £63,902 and its rental estimate is £482 per month, given the available information and assuming reasonable condition.
Spencer Street, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
14, Spencer Street, North Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2018.
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.
Price Range & Condition
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 14, Spencer Street, North Shields, we estimate a market value of £67,097 and a rental value of £506 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,429 and £448 per month respectively.
Recent Market Change
Over the last year, 14, Spencer Street, North Shields has seen its estimated sale value climb by £621 (1.0%) and its estimated rental value rise by £13 per month (2.6%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
14, Spencer Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Spencer Street, North Shields completed on 9th August 2006 at £102,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold Aug 2006£102,500
- Sold Nov 2003£64,000
- Sold Feb 2003£42,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Spencer Street, North Shields have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2024, was 25, Seymour Street, North Shields, NE29 6SN, a leasehold flat which sold for £48,000.
Read more about house prices in NE29.
- Sold Nov 2024£48,000 | 2 Bed Flat25, Seymour Street, North Shields, NE29 6SN25, Seymour Street, North Shields, NE29 6SN
- Sold Jun 2024£52,000 | 2 Bed Flat1A, Spencer Street, North Shields, NE29 6RF1A, Spencer Street, North Shields, NE29 6RF
- Sold Mar 2024£58,000 | 2 Bed Flat129, Chirton West View, North Shields, NE29 0EN129, Chirton West View, North Shields, NE29 0EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Spencer Street, North Shields, NE29, 14, Spencer Street, North Shields comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the NE29 district.
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Schools Nearby
- 200mSt Cuthbert's Catholic Primary School, North Shields
- 400mWaterville Primary School
- 700mSpring Gardens Primary School
- 1.5kmNorham High School
- 1.9kmJohn Spence Community High School
- 2.2kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
From 14, Spencer Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.4 kilometres away.
- 5.4kmNorthumberland Park (Tyne & Wear)
- 9.1kmHeworth
- 9.6kmSeaton Delaval
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
