12 Spence Terrace

    12, SPENCE TERRACE, NORTH SHIELDS, NE29 0JD

    This flat/maisonette leasehold property on Spence Terrace last sold in February 2016 for £68,500. Based on price growth in the NE29 district since then, its estimated current value is £106,844 — placing it in the 5th percentile nationally and the 16th percentile within NE29. The property covers 71 m² (764 sq ft), giving an estimated value of £1,505 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £68,500

    Feb 2016

    Estimated Valuation

    £106,844

    Est. £/sq ft

    £140/sq ft

    £1,505/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2016

    £68,500

    11 Nov 2011

    £125,000

    Key Metrics

    Estimated valuation£106,844
    Value per sq ft / m²£140/sq ft (£1,505/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile16th percentile
    National percentile5th percentile

    District Context — NE29

    NE29 covers Whitley Bay and surrounding areas on the North Tyneside coast, north of Newcastle. It is a residential seaside district with a mix of family homes and holiday appeal.

    Average Property Price - NE29

    £218,190

    17

    National percentile

    Average Net Household Income - NE29

    £32,937

    18

    National percentile

    10-Year Annualised Price Growth - NE29

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE29

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