4 Spence Terrace

    4, SPENCE TERRACE, NORTH SHIELDS, NE29 0JD

    This flat/maisonette leasehold property on Spence Terrace last sold in January 2016 for £49,000. Based on price growth in the NE29 district since then, its estimated current value is £76,428 — placing it in the 1st percentile nationally and the 6th percentile within NE29. The property covers 66 m² (710 sq ft), giving an estimated value of £1,158 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £49,000

    Jan 2016

    Estimated Valuation

    £76,428

    Est. £/sq ft

    £108/sq ft

    £1,158/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area710 sq ft (66 m²)
    EPC dateNov 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2016

    £49,000

    Key Metrics

    Estimated valuation£76,428
    Value per sq ft / m²£108/sq ft (£1,158/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile6th percentile
    National percentile1st 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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