35A, Spence Terrace
35A, Spence Terrace
Description & Estimates
The public record describes 35A, Spence Terrace, North Shields as a period apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
35A, Spence Terrace, North Shields has an estimated sale value of £94,590 and an estimated rental value of £693 per month, assuming reasonable condition and based on the information available.
The apartment sits within 35, Spence Terrace, North Shields, NE29.
Spence Terrace, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
35A, Spence Terrace, North Shields has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
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
In very good condition, we estimate 35A, Spence Terrace, North Shields would be worth £99,319, with a potential rental value of £728 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £87,968, with a rental value of £644 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 35A, Spence Terrace, North Shields has increased by £22 (0.0%) over the last year. During the same period, its estimated monthly rental value has grown by £11 (1.5%). The property's estimated gross yield is currently 8.8%.
Energy Efficiency
35A, Spence Terrace, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 35A, Spence Terrace, North Shields across the last 2 years.
Most recently, 40, Chirton West View, North Shields, NE29 0EP, a leasehold flat, sold at £80,000 on the 23rd September 2024.
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
Our analysis of the public data ranks 35A, Spence Terrace, North Shields as the 41st largest and the 14th most expensive of the 43 addresses on Spence Terrace, North Shields, NE29.
Against the NE29 postcode district average, it is £91k less expensive than the typical property.
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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
Northumberland Park (Tyne & Wear) station is the nearest stop to 35A, Spence Terrace, North Shields at 4.9 kilometres away.
- 4.9kmNorthumberland Park (Tyne & Wear)
- 9.0kmHeworth
- 9.1kmSeaton 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.
