16 Spencer Street

    16, SPENCER STREET, HEBBURN, NE31 1JW

    This terraced freehold property on Spencer Street last sold in February 2018 for £66,000. Based on price growth in the NE31 district since then, its estimated current value is £86,016 — placing it in the 2nd percentile nationally and the 10th percentile within NE31. The property covers 92 m² (990 sq ft), giving an estimated value of £935 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    92 m²

    (990 sq ft)

    Last Sale Price

    £66,000

    Feb 2018

    Estimated Valuation

    £86,016

    Est. £/m²

    £935/m²

    £87/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area92 m² (990 sq ft)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2018

    £66,000

    25 Jun 2010

    £80,000

    Key Metrics

    Estimated valuation£86,016
    Value per m² / sq ft£935/m² (£87/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile10th percentile
    National percentile2nd percentile

    District Context — NE31

    NE31 covers South Shields and surrounding areas in South Tyneside, on the south bank of the River Tyne in North East England. It is a traditional coastal and former industrial community with a mix of terraced housing, modern developments, and seafront amenities.

    Average Property Price - NE31

    £190,157

    10

    National percentile

    Average Net Household Income - NE31

    £33,631

    23

    National percentile

    10-Year Annualised Price Growth - NE31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE31

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