3, Spencer Street
3, Spencer Street
Description & Estimates
The public record describes 3, Spencer Street, North Shields as a period house with 624 ft2 of internal area, sitting on a 50.8 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Spencer Street, North Shields has an estimated sale value of £118,909 and an estimated rental value of £743 per month, assuming reasonable condition and based on the information available.
Spencer Street, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
3, Spencer Street, North Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Spencer Street, North Shields would be worth £124,854, with a potential rental value of £780 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,585, with a rental value of £691 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Spencer Street, North Shields has grown by £3,204 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (4.2%). The property's estimated gross yield is currently 7.5%.
Plot Size
3, Spencer Street, North Shields occupies a 51 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
3, Spencer Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Spencer Street, North Shields last changed hands on 1st December 2006, selling for £63,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Dec 2006£63,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of 3, Spencer Street, North Shields across the last 2 years.
Most recently, 85, Chirton West View, North Shields, NE29 0EN, a leasehold house, sold at £85,000 on the 14th April 2022.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Spencer Street, North Shields as the 14th largest and the 7th most expensive of the 23 addresses on Spencer Street, North Shields, NE29.
Against the NE29 postcode district average, it is £67k less expensive than the typical property.
More reading links
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
Northumberland Park (Tyne & Wear) station is the nearest stop to 3, Spencer Street, North Shields at 5.4 kilometres away.
- 5.4kmNorthumberland Park (Tyne & Wear)
- 9.1kmHeworth
- 9.6kmSeaton Delaval
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
