38, Spence Terrace
38, Spence Terrace
Description & Estimates
38, Spence Terrace, North Shields is described in the public record as a period house with 1,270 ft2 of internal area, sitting on a 224 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 38, Spence Terrace, North Shields is £224,956 and its rental estimate is £1,208 per month, given the available information and assuming reasonable condition.
Spence Terrace, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
38, Spence Terrace, North Shields has no records in the the Land Registry and a single entry in the EPC database dated November 2025.
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 38, Spence Terrace, North Shields, we estimate a market value of £236,204 and a rental value of £1,268 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,209 and £1,123 per month respectively.
Recent Market Change
Over the last year, 38, Spence Terrace, North Shields has seen its estimated sale value rise by £1,656 (0.7%) and its estimated rental value move up by £28 per month (2.3%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 38, Spence Terrace, North Shields as measuring 224 m2.
Energy Efficiency
38, Spence Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Spence Terrace, North Shields have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th October 2025, was 4, South Preston Terrace, North Shields, NE29 0HY, a freehold house which sold for £258,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Spence Terrace, North Shields, NE29, 38, Spence Terrace, North Shields comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the NE29 district.
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Schools Nearby
- 300mSt Cuthbert's Catholic Primary School, North Shields
- 300mSpring Gardens Primary School
- 600mWaterville Primary School
- 1.1kmNorham High School
- 1.5kmJohn Spence Community High School
- 1.7kmSt Thomas More Catholic High School
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Public Transport Nearby
From 38, Spence Terrace, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.9 kilometres away.
- 4.9kmNorthumberland Park (Tyne & Wear)
- 9.0kmHeworth
- 9.1kmSeaton 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.
